This technology will pave the way to similar projects being implemented, not just in Portugal but elsewhere, overcoming the technical difficulties faced in the past years which had left the country behind in the offshore wind race.A growing number of powerplants are approaching the end of their guaranteed remuneration term, following which they shall be placed under market conditions. 5 While the figure of the market aggregator was first foreseen in the sector regulations in 2012, no entity has yet undertaken this activity.Recent amendments enacted in 2019 have determined that this function shall remain subject to a specific licence to be attributed in the context of a public tender. This material is intended to give an indication of legal issues upon which you may need advice.
5th December 2019, Lisbon, Museu do Oriente, Sala Nova Deli B2B Meetings .
Portugal has become widely known for its leading role in the promotion of renewable energy. 104/2019 was recently published on 9 August 2019, harmonising the clawback mechanism to MIBEL rules, and foreseeing the possibility of a payment on account 2018 saw the creation of a parliamentary inquiry committee with the goal of assessing whether there were “excessive rents” being paid to generators in the electricity sector as a result of energy policies over the years.
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APREN promoted in 2019 another edition of the APREN Award, an initiative that aimed to disclose, to the renewable electricity sector, academic dissertations carried out in Portuguese higher education institutions, contributing to technology transfer and knowledge dissemination between research institutions and companies.
Despite having an extensive coastline giving access to a vast maritime area, Portugal has not witnessed a boom in offshore wind as countries such as the United Kingdom have. 8 Decree-Law no. The production of electricity from renewable sources supplied 51 percent of national consumption in 2019, with wind power representing 27 percent, the highest share ever. After decades when the country remained historically dependent on hydro resources and thermal assets, Portugal has witnessed significant investments in the renewable energy sector, in particular wind energy projects, which already account for almost one quarter of all electricity generated in the country. It is also worth mentioning that a significant proportion of the winners in this first auction were newcomers to the Portuguese market, at the expense of the major players which have dominated the Portuguese market in the past decades.With several renewable energy projects benefiting from the guaranteed remuneration scheme reaching the end of their feed-in tariffs, it is expected that market aggregators will undertake the purchase and sale of power generated by such plants. This mechanism directly translates the efforts of the Portuguese government in reducing coal production into a phasing-out of fossil fuels in the generation of energy in Portugal.Through the State Budget for 2019, it has also been determined that the Extraordinary Contribution of the Energy Sector (The CESE is levied on electricity generators, on the one hand, and on the TSO of the natural gas sector, on the other.
They account for 52% of the world’s population, represent 88% of the people living in the Asia Pacific region and account for 39% of the global primary energy supply. After decades when the country remained historically dependent on hydro resources and thermal assets, Portugal has witnessed significant investments in the renewable energy sector, in particular wind energy projects, which already account for almost one quarter of all electricity generated in the country.
Decree-Law no. The past few years have been foreshadowing a boom in solar projects which are expected to become a driving force behind the country’s renewable energy goals for the next decade.In 2018, the energy generation mix in Portugal showed a substantial diversification of energy sources: hydro (13.4 TWh), wind (12.5 TWh), coal (11.1 TWh), natural gas (10.1 TWh), biomass (2.8 TWh), solar (0.8 TWh) and geothermal (0.2 TWh), with cogeneration contributing 5.7 TWh.According to the Portuguese Renewable Energy Association (APREN), in 2018, electricity from renewable sources accounted for 52.6% of all electricity generated in Portugal, with wind and hydroelectric alone totalling 22% and 23.7% each, notwithstanding average producibility indexes of 1.05 for hydroelectric energy and 1.00 for wind energy. This rate has increased to 25% for 2019, and it is set to continue increasing progressively until 2022, when such products will be taxed at 100%.
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