Portugal possesses significant untapped potential in hydrogen production and lithium exploration, which could lead to substantial economic gains for the country’s development.
Browsing: Portugal
EDP Group, a prominent energy company, has unveiled plans to construct a 5 MW green hydrogen power plant in Portugal.
The EU Energy Commissioner, Kadri Simson, has praised Portugal for its work on offshore renewable energy and green hydrogen during her speech at the Great Summit of the Sustainability and Society Forum in Matosinhos, Portugal. Simson commended Portugal for its high renewable energy target and joint electrification plans with Spain.
In the second part of this year, Portugal said it will hold a ground-breaking auction for the rights to sell hydrogen for injection into its natural gas infrastructure. The nation’s efforts to cut greenhouse gas emissions include the first auction ever held in Europe.
The EU’s green transportation goals have been rejected by a group of seven nations led by Germany, reigniting a debate with France that has prevented an agreement on the bloc’s renewable energy policy.
Fusion Fuel has been awarded €3.6 million in grant financing through Component 5 (‘C-5’) of Portugal’s Recovery and Resilience Plan to create a 1 Megawatt decentralized green hydrogen production facility co-located with a hydrogen refueling station in Elvas, Portugal.
Through its participation in Floene Energias, Marubeni Corporation initiated the first green hydrogen injection demonstration project in Portugal’s natural gas distribution network.
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For the first time, renewable hydrogen will circulate in the gas network in Seixal, Portugal.
In what he described as a “structural revolution in the economy,” Portugal’s Prime Minister asserted that the creation of green hydrogen will enable Portugal to not only create the energy it needs, but also to turn into an exporter.
