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Portugal reaches new record of renewable energy production in 2024

Portugal's national energy grid operator Redes Energeticas Nacionais (REN) has announced that the country's renewable power generation reached 36.7 TWh, enough to meet 71% of the national electricity demand in 2024. The clean energies that contributed the most to the overall demand were hydropower (28%) and wind (27%), followed by solar (10%) and biomass (6%); hydropower generation rose by 24% during the year and solar PV generation by 37%. Thermal production and imported energy contributed with 10% and 20% of the country’s energy demand, respectively, with imports recording their highest ever recorded level in the national electricity system. REN also estimates that the country’s electricity consumption grew by 1.3% to 51.4 TWh (by about 2% when adjusted for the effects of temperature and the number of working days). 

Where gas is concerned, gas consumption fell by 17% to 40.5 TWh, its lowest level since 2003, mainly due to a 56% decrease in demand from the power sector. Gas consumption grew in other sectors (+2%), after four years of decline.