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. The PNEC remained under public consultation until June 2019 and it is expected to be finalised by the end of the year, defining an action plan for carbon neutrality and the strategic investments to be made in respect of energy and climate.The targets proposed by the Portuguese Government in the PNEC 2030 include a reduction of between 45% and 55% in GEE emissions, and a 35% energy efficiency rate for primary energy consumption.
Fossil fuels still account for nearly 17%, and a very small percentage comes from solar power. 5th December 2019, Lisbon, Museu do Oriente, Sala Nova Deli B2B Meetings . 6 This is mostly due to the subsea conditions and very deep waters near the coast, which do not allow for the installation of wind turbines similar in style to those which have been used all around the world. 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. 76/2019, requests made for injection points where grid capacity was unavailable or insufficient (in light of requests placed) would be made by draw. 43/2019, of 31 January, determine that the prior consultation of ERSE is only waived if the generators accept a non-revisable tariff of €45/MWh for a single period of 15 years, thus barring the energy output from such overpowering being considered for the abovementioned extension period (if applicable).The legal framework created in 2013 for the prevention of market distortions between Portugal and Spain (Iberian Market) was designed to restore competition equilibrium in the wholesale electricity market between the two countries by eliminating windfall profits received by Portuguese generators as a result of taxes introduced in Spain and therefore higher pool prices, a situation which was viewed as affecting Iberian electricity prices.This mechanism was halted in 2018 for a six-month period, in acknowledgment of the suspension for the same duration of the tax measures imposed in Spain. 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.
This material is intended to give an indication of legal issues upon which you may need advice. It has notably introduced important changes in relation to the attribution of grid reserve capacity and subsequent licensing procedures, as well as a simplified procedure for single-source projects under 1 MW, the entire output of which is meant to be injected into the public grid.Prior to the enactment of this Decree-Law no. This will likely accelerate changes in the sector, both in terms of organisation and legislation.A preliminary National Plan for Energy and Climate (PNEC 2030) was presented by the Portuguese Government in January 2019, in which it sets the proposed targets for 2030.