Portugal Plans To Invest 474 Million Euros To Expand Grid Capacity

- Jul 07, 2018-

Portugal's energy regulator, Entidade ReguladoradosServi?OsEnergeticos (ERSE) recently approved an expansion of the power grid to create conditions for the grid connection of several photovoltaic projects currently under development in the country.

The plan will invest 474 million euros between 2018 and 2022, according to a document issued by the ERSE.Of this, 282 million will be spent on major infrastructure projects, including improving the quality of existing assets.The remaining euro191 million will be used to supplement equipment projects, including upcoming commercial renewable energy projects, power interconnection projects and projects in areas with high demand for electricity.ERSE also mentioned solar power plants in Alto Alentejo and Baixo Alentejo and Algarve districts in southern Portugal. ERSE plans to build two 400-kv transmission lines.

In addition, local grid operator RNT expects Portugal to add 1.3GW of pv capacity by 2027.Although several without subsidies in recent months, the Portuguese began to develop solar energy project, and more than 700 megawatts of power grid parity project has been approved, but high land costs, many of these still not sure the feasibility of the project.