Portugal could see all power generation needs supported exclusively by renewable energy sources by 2040, according to a national non-for-profit organisation.
Portuguese Renewable Energy Association (APREN) estimates the target could be met with continued investments into renewable energy production capacity.
The news comes after APREN announced that the country produced more power from renewable energy sources than its mainland’s total energy consumption throughout the month of March. This represents a historical landmark for Portugal’s energy sector, being the first time in 40 years that such a record has been achieved.
Progress in the energy sector has been driven by renewable energy incentive policies established during the early 2000s, leading to development of Portuguese dams, solar parks, and wind farms.
The recent landmark represents clear evidence of the sustainability of large-scale renewable energy-centred national electric grids and could serve as a model for other nations to follow.
While these results refer solely to the country’s mainland, Portugal’s island territories of Madeira and the Azores have also made considerable strides toward expanding their power generation capacity.
In November 2017, a new geothermal power plant opened in the Terceira island, in the Azores, a project developed in cooperation with Norwegian partners benefiting from funding from the EEA Grants program, and that fits into the local government’s plan to expand the impact of renewable energy production in the island’s energy matrix to 50pc by the end of 2018.