logo
Portugal to invest $466 million to boost grid management, battery storage after outage

Portugal to invest $466 million to boost grid management, battery storage after outage

Reutersa day ago
LISBON, July 28 (Reuters) - The Portuguese government plans to invest up to 400 million euros ($466 million) to improve grid management and boost battery storage following a massive blackout across Spain and Portugal in April.
Energy Minister Maria da Graca Carvalho said on Monday about 137 million euros of the investment would go towards improving the operational and control capacity of the electricity grid to help it deal with complex intermittent renewable power sources such as wind and solar.
The Spanish government said in a report last month that grid operator Redeia (REDE.MC), opens new tab had miscalculated the correct mix of energy in the system on April 28, but also blamed some thermal power plants using coal, gas and nuclear, for failing to help maintain an appropriate voltage level.
A surge in voltage triggered a cascade of power plant disconnections, leading to the outage that spread to Portugal, which was importing electricity at the time.
Portuguese grid operator REN (RENE.LS), opens new tab will install a so-called shunt device to accurately measure electrical current and prevent overloads as well as equipment to regulate voltage, improve power system stability and ensure consistent energy delivery, according to the plan.
Carvalho said that unlike in the past, when thermal power plants helped grid management with their stable supply, more renewable sources mean more intermittent and decentralised output which is harder to manage.
"We have to make our grid more secure, digital and modern ... to support this new, more complex energy production model," she told a press conference, adding that the government would prepare a decree to speed up implementation of the investments.
She also said the planned storage increase aimed to prevent a shutdown of the country, providing greater energy autonomy to critical infrastructure such as hospitals, fire departments, security forces, and other key public administration services.
Portugal has only about 13 megawatts of battery storage capacity, and the goal is to reach 750 megawatts, although no timetable has been set yet. According to the latest daily data from REN, electricity consumption in Portugal stood at 115 GWh on June 20.
($1 = 0.8581 euros)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Nantucket officials accuse offshore wind developer of going into hiding since Trump's election
Nantucket officials accuse offshore wind developer of going into hiding since Trump's election

The Independent

time35 minutes ago

  • The Independent

Nantucket officials accuse offshore wind developer of going into hiding since Trump's election

Officials in Massachusetts ' Nantucket island on Tuesday accused the developer of the nation's first utility-scale offshore wind project of not responding to their safety queries since Donald Trump 's election after a massive wind turbine broke apart last year and its fragments washed up on beaches. Nantucket's select board gave Vineyard Wind two weeks to respond to a list of demands, including that it follow deadline requirements for notifying local officials of emergencies. Violations could result in fines up to $250,000, the town said, although it was unclear how such a policy would be enforced. Board member Brooke Mohr suggested the Trump administration's skepticism toward offshore wind projects is to blame for what Mohr said was Vineyard Wind's lack of communication. The town said Vineyard Wind, which is owned by Denmark-based Avangrid Renewables and Copenhagen Infrastructure in partnership with Spain-based Iberdrola, has failed to respond to private requests for changes to its protocols. Litigation may be a next step if the town's demands are unmet, officials said. 'We believe that they are concerned about the change in policy at the federal level and drawing scrutiny from the new administration, which has ordered a review of offshore wind permitting practices,' Mohr said during a virtual briefing with news reporters. 'However, hiding is not the solution to their problems, nor is it the solution to our problems.' Vineyard Wind did not immediately respond to a request for comment sent by The Associated Press. The project about 14 miles (23 kilometers) off nearby Martha's Vineyard was approved by President Joe Biden 's administration in May 2021, a key step in Biden's plans to increase U.S. reliance on offshore wind by 2030. Fiberglas fragments of a massive wind turbine blade that broke apart off Nantucket began washing ashore last summer during the peak of tourist season after pieces of the blade at the Vineyard Wind project began falling into the Atlantic Ocean in July. GE Vernova, which agreed to pay $10.5 million in a settlement earlier this month to compensate island businesses that suffered losses as a result of the blade failure, blamed a manufacturing problem at one of its factories in Canada and said there was no indication of a design flaw. It reinspected all blades made at the factory and removed other blades made there from the Vineyard Wind location. In the final days of the Biden administration, federal regulators lifted a suspension order on the project, pending the removal of all installed blades manufactured by GE Vernova. On Tuesday, town officials accused Vineyard Wind of violating a contract made with Nantucket five years ago that requires the company to communicate regularly with the town at all stages of project development and deployment. It also said Vineyard Wind hasn't done enough to reduce light pollution or engage the town with its emergency response plans following the blade failure. Nantucket officials refused to include Vineyard Wind as a signatory in the $10.5 million settlement, citing the company's 'lack of leadership, transparency, and stewardship' following the blade failure.

BT refunds £18m to customers over contract failures
BT refunds £18m to customers over contract failures

The Independent

time7 hours ago

  • The Independent

BT refunds £18m to customers over contract failures

BT has refunded £18 million to customers after Ofcom ruled it did not give them enough information about their contracts. The regulator fined BT £2.8 million last year after it failed to provide some EE and Plusnet customers with 'clear and simple' contract information before signing up to a new deal. Since June 2022, phone and broadband companies have been required to give consumers and small businesses the details of a contract, as well as a short summary of the key terms, before signing up. This includes the price and length of the contract, the speed of the service and any early exit fees. Ofcom opened an investigation into BT, which owns EE and Plusnet, having received information it may have failed to provide the documents. It found more than 1.3 million sales were made without providing customers with the adequate information. At least 1.1 million customers were affected. Ofcom found the telecoms giant broke consumer protection rules, requiring BT to contact affected customers, explaining it had not provided them with the necessary information. However, some affected customers left BT before the end of their contract and may have been charged an early exit fee, according to Ofcom. In a statement, Ofcom said: 'As well as fining BT, we also required it to amend its sales process and refund any affected customers who may have been charged for leaving before the end of their contract period. We told the company that if it was unable to refund any money, it must donate it to charity. 'As a result of this enforcement action, BT has now refunded or credited £18 million back to customers and donated £440,000 across 17 charities where refunds or credits were not possible.' A BT spokesman said: 'We're sorry that pre-contract information and contract summary documents were not available to some of our customers in a timely manner. 'We have taken steps to proactively contact affected customers and refund them if they had subsequently paid any early termination charges. We take compliance seriously at BT and have worked closely with Ofcom to implement all remedial actions.'

Vespa maker Piaggio's profit falls 42% in first half of 2025
Vespa maker Piaggio's profit falls 42% in first half of 2025

Reuters

time7 hours ago

  • Reuters

Vespa maker Piaggio's profit falls 42% in first half of 2025

July 29 (Reuters) - Italy's Piaggio ( opens new tab said on Tuesday its net profit fell 42.2% to 30.1 million euros ($34.84 million) in the first half of 2025 in a contracting market for motor vehicles. Piaggio, known for its iconic Vespa scooters, sold 238,400 vehicles between January and June this year, compared to 270,100 in the first half of 2024. "In historical moments like these, with international trade disputes and increased geopolitical tensions, being able to remain flexible, controlling liquidity and financial management, is essential," CEO Michele Colaninno said in a statement. The manufacturer said its earnings before interest, taxes, depreciation and amortization (EBITDA) fell 15.3% year-on-year to 147.1 million euros, with an EBITDA margin of 17.3%. The group also pledged to distribute an interim dividend of 4 euro cents per share on its 2025 results. ($1 = 0.8639 euros)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store