Latest news
.jpg)
Electricity exchanges urge Spain, Portugal not to act alone on power prices
Power trading platforms are urging the Spanish government not to intervene alone in the system that sets the price of electricity, in its bid to bring down sky-high utility bills, according to a letter seen by Reuters.
read more... 27/04/2022
Portuguese-Danish-Dutch consortium plans $1.1 bln hydrogen plant in Sines
Portuguese project developer Madoqua Renewables, Danish fund manager Copenhagen Infrastructure Partners (CIP) and Dutch firm Power2X announced plans on Thursday to invest 1 billion euros ($1.09 billion) in a green hydrogen plant in Portugal.
read more... 22/04/2022
Portugal expects deal to disconnect power prices from gas prices 'very soon'
Portugal expects talks with Spain and Brussels on a temporary mechanism to decouple Iberian electricity prices from soaring natural gas will be concluded in a matter of weeks, Environment Minister Duarte Cordeiro said on Wednesday.
read more... 22/04/2022
Cepsa to invest in energy transition in Spain and Portugal
Spanish oil and gas company Cepsa plans to invest between €7bn ($7.8bn) and €8bn ($8.9bn) in Spain and Portugal by 2030 as part of its energy transition strategy.
read more... 01/04/2022
Portugal to auction 3-4 GW of floating offshore wind farms in summer
Portugal plans to hold its first auction for floating offshore farms this summer, which it hopes will be able to produce between 3 and 4 gigawatts (GW) of power in 2026, Environment and Energy Transition minister Joao Matos Fernandes told Reuters.
read more... 17/03/2022