REN Redes Energeticas Nacionais SGPS S A : Renewable energy production hits record highs
March 13, 2024 at 08:30 am EDT
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Renewable energy production in Portugal has reached new highs this year, with record values achieved in hydro and solar energy over the past two days.
As of 12th March at 12:00, a new peak in solar energy production was reached, totaling 1976 MW. Concerning hydroelectric energy production, the new historical maximum of 7280 MW was reached at 22:15 on 11th March, surpassing the previous maximum of 6907 MW recorded on 28th February.
Between 1st January and 12th March of this year, renewables supplied 86% of the national consumption. These records confirm that Portugal has maintained a sustainable trajectory in the gradual incorporation of endogenous renewable sources, while maintaining the primary objectives of supply security and service quality.
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REN - Redes Energéticas Nacionais SGPS SA published this content on
13 March 2024 and is solely responsible for the information contained therein. Distributed by
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13 March 2024 12:29:07 UTC.
REN - Redes Energéticas Nacionais, SGPS, S.A. specializes in the operation and concession management of the Portuguese electricity transportation network. Net sales break down by activity sector as follows:
- electricity (63.7%): transportation of electricity from producers to end distributors and consumers, management of the electricity transportation network (connecting user installations to the network, maintenance of the network, etc.). At the end of 2022, the network has a total of 9,424 Km;
- gas (34.8%): transportation of natural gas from producers to end distributors and industrial consumers, underground storage of natural gas, receiving, storage, and regasification of liquid natural gas (LNG), infrastructure construction and maintenance services, etc.;
- telecommunications (1.3%);
- other (0.2%).
REN - REDES ENERGÉTICAS NACIONAIS, SGPS, S.A. 
