Electricity in Portugal in 2024

In 2024, Portugal is predominantly relying on low-carbon sources for its electricity, with clean energy making up more than two-thirds of the country's electricity generation. Wind power is responsible for a substantial 25% of the energy mix, trailing closely behind hydropower, which accounts for another 25%. Net imports, which can often include low-carbon sources, contribute another 18% to the clean energy portion. On the other hand, fossil fuels are responsible for just over 12% of Portugal’s electricity, with gas slightly under 10% and biofuels nearly 7%, highlighting the country's strong leaning away from high-emission energy. Solar energy, while also low-carbon, accounts for close to 12% of the electricity mix, showcasing Portugal's diverse clean energy portfolio.

Suggestions

To further increase its low-carbon electricity generation, Portugal could consider expanding its wind and solar power capacities. These technologies already contribute significantly to the country's clean energy sector, and further investment could enhance their output. Examining successful models from other countries could also be insightful. For instance, Denmark's achievement of generating more than half of its electricity from wind power serves as a testament to what is possible with robust infrastructure and policy support. By studying these examples and collaborating with nations that excel in specific low-carbon technologies, Portugal can continue to enhance its clean energy leadership.

History

Historically, Portugal's commitment to low-carbon electricity has evolved significantly, especially in hydropower. In the late 1970s, hydropower grew markedly, but the subsequent decades saw a series of fluctuations, reflecting challenges in sustaining consistent output. Particularly throughout the 1980s and early 2000s, Portugal experienced several years of decline in hydropower but also notable increases in years like 1996, 2003, and 2010. These ups and downs highlight the impact of variable factors such as water flow in generating hydropower. Despite these challenges, the growth in recent years, particularly from 2018 to 2023, underscores a strong rebound and likely improvements in infrastructure and technology. This resilience in expanding clean energy sources positions Portugal well in its ongoing efforts to minimize dependency on fossil fuels and reduce carbon emissions.

Electricity Imports and Exports

Balance of Trade

Maximum Imports

Data Sources