Renewables supply 88% of Portugal's electricity consumption in January
WORLD 04 February 2023 - 01:03
Renewable utilities supplied 88 per cent of Portugal's electricity consumption in January, as heavy rains coupled with good wind and solar conditions allowed to sharply reduce the use of gas-fired power plants, grid operator REN said on February 1.
The country aims to generate 80 per cent of its annual electricity usage from renewable sources by 2026, up from around 60 per cent in 2022, which was already one of the highest ratios in Europe, Reuters reports.
European nations are increasingly betting on renewable energies, especially after gas prices hit record highs in 2022 after the invasion of Ukraine by Russia, which was Europe's top gas supplier.
In a statement, REN said that in January of this year "weather conditions were favorable for renewables, which had high levels of productivity".
Heavy rains boosted hydro production, which supplied 51 per cent of total consumption in January, while wind made up 28 per cent and solar 4 per cent.
As a result, the production of electricity through gas power plants fell 64 per cent in the same month.
Portugal has 8.8 GW of hydroelectric capacity, 13.3 GW of onshore wind and 3.1 GW of solar, which together represent 87 per cent of its total installed capacity.
REN said total electricity consumption rose 4.1 per cent in January, compared to the same month last year, to 4,833 Gigawatt hours (GWh), 88 per cent of which was supplied by renewables.
In January 2022, renewables supplied only 52 per cent of total electricity consumption.
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