
GLEG UK Energy Market Update…
June 3, 2024
GLEG UK Energy Market Update…
June 24, 2024Portugal’s national grid operator Redes Energeticas Nacionais (REN) announced on Monday that the country’s renewable energy plants met almost 70% of the national electricity consumption in May. Solar supplied 12% last month alone, the highest ever for this power source, while non-renewables covered 3% and the remaining 27% corresponded to imported energy, according to data from REN.
Overall electricity consumption grew by 2.1%. When adjusted for the effects of temperature and number of working days, the increase was 3.2%. During the first five months of the year, renewables have met 87% of the nation’s power needs.
Hydropower plants were at the top of the contribution list with a share of 43%. Wind parks followed in second place with 30%, while solar photovoltaic (PV) plants and biomass accounted for 8% and 6%, respectively. REN’s data shows that the rest of the electricity was met by natural gas production supplying 9% of the consumption and import with the remaining 4%.
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