Portugal commits $480 M to grid and storage | Switchgear Magazine
Portugal will invest $480 M (€400 M) to strengthen grid stability and scale battery storage, aiming for 750 MW of BESS capacity after Iberian blackout.
Portugal: Portugal has unveiled a $480 M (€400 M) investment package to modernise its electricity grid and significantly expand battery energy storage systems (BESS), following a major Iberian blackout earlier this year.
Portugal currently has only 13 MW of operational BESS capacity but aims to scale to 750 MW. A notable step includes Galp's 5 MW / 20 MWh project launched in April, developed by Powin. An additional $114 M (€100 M) from the EU's Recovery and Resilience Plan (RRP) will fund 500 MW of BESS across 43 selected projects.
Investigations revealed inadequate voltage control, abnormal frequency fluctuations, and improper plant disconnections as root causes. Portugal currently has only 13 MW of operational BESS capacity but aims to scale to 750 MW. A notable step includes Galp's 5 MW / 20 MWh project launched in April, developed by Powin.
Overview: Spain and Portugal use the same grid, the Iberian Grid, through the MIBEL agreement established in 2004. Policy Environment: Spain has updated its National Energy Climate Plan (NECP) to increase its renewable and energy storage targets for 2030, and there are financial support schemes for co-located projects (renewables and BESS).
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