Why do we need batteries in Portugal?

“Batteries also add to the competitiveness of our renewable energy portfolio by making solar and wind power available when they are most needed.” Large-scale energy storage projects in Portugal have been relatively small in number, although 2022 saw the inauguration of a 40GWh pumped hydro energy storage (PHES) project by utility Iberdrola.

Is Portugal's solar auction a new era of battery storage?

Portugal’s recent PV auction marks a new era of battery storage for the country, says UK consultancy Everoze. It notes that the auction was so competitive that the winners had to cut their expected remuneration in the solar+storage category to negative values.

Where in Portugal will a solar power plant be installed?

The main supplier and distributor of electricity in Portugal, EDP, has presented plans to install the first PV plant (3.8 MW) coupled with lead-acid batteries storage, focused on self-consumption, in Castanheira do Ribatejo and Azambuja .

How many PV power installations are there in Portugal?

Four PV power installations are studied, namely 0.50 kWp, 0.75 kWp, 1.50 kWp and 3.45 kWp, either off-grid or grid-connected, for three different Portuguese locations – Évora, Porto and the Azores archipelago.

Is Europe ready for large-scale battery energy storage?

“Europe is expected to implement more than 90 GWh of large-scale battery energy storage projects by 2030, and we are well positioned to support this demand and keep up with the rapid growth of energy storage in the wider European region, Middle East and Africa,” he stated.

Are grid-connected installations a good investment in Portugal?

This result shows that the grid-connected installations in Portugal have better payback, location independent, due to the increased income of selling the energy surplus to the grid. This means that in average, its 22% more economic to invest in a grid-connected installation (case II) in Évora, 16% in Porto and 9% in Azores. Fig. 13.