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Portugal doubles 2030 green capacity goal

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Portugal doubles 2030 green capacity goal

Portugal’s government has revised its energy and climate plan for 2030, increasing its green capacity target by 50% to 42.8 GW.

Source: Montelnews

The Iberian nation now plans to cut its emissions to 55% below 2005 levels by the end of the decade, up from the previous target of 45-55%.

By 2030, renewables in Portugal would cover 85% of power generation, the energy ministry said late on Monday.

The revised plan would increase installed wind capacity to 12.4 GW, including 2 GW of offshore, while solar photovoltaic would reach 20.4 GW, including 5.5 GW rooftop.

Portugal currently has 5.4 GW of wind capacity and 2 GW of solar.

The country also plans to raise the amount of offshore wind awarded through auctions to 10 GW by 2030. 

It would boost its goal for electrolyser capacity to 5.5 GW from 2.5 GW.

However, hydropower capacity targets were reduced to 8.1 GW from 9 GW.

Obstacles remain

Some Portuguese climate and energy lobbies welcomed the revised plan, but renewable energy association Apren warned that there are still obstacles “that have plagued the sector for years”.

Complex and lengthy regulation processes are hampering buildout, it added.

It is urgent to increase capacity and modernise.

the institutions involved in the process, as EUR 60bn of renewables investment is being blocked, it said, citing energy minister Duarte Cordeiro

The revised plan has been submitted to Brussels and has a year for final approval.

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