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        Energy

         EDP profits up 83% to €946M
        0
        By Christopher Graeme
        In EDP, Energy, News
        Posted 3 Novembro, 2023

        EDP profits up 83% to €946M

        Portugal’s multinational energy provider EDP achieved a net result of €946 million, an 83% increase on the same period last year when it posted a €518 million result. According to EDP, the [...]

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         Portugal prepares to open call for ‘demonstrations of interest’ in new era for offshore wind
        0
        By Christopher Graeme
        In Energy, News, Offshore wind
        Posted 26 Outubro, 2023

        Portugal prepares to open call for ‘demonstrations of interest’ in new era for offshore wind

        In the coming days, Portugal is preparing to launch a call for ‘demonstrations of interest’ for parties wanting to build offshore wind farms off its Atlantic coast. In this first auction round, [...]

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         Spanish announce 4GW wind project
        0
        By Christopher Graeme
        In Energy, News, Renewables, Wind farms
        Posted 4 Outubro, 2023

        Spanish announce 4GW wind project

        Spanish company Capital Energy, the first 100% renewable vertically integrated electricity firm on the Iberian peninsula, has submitted three offshore wind energy projects in Portugal for an [...]

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         Portugal warned of rising offshore wind farm costs
        0
        By Christopher Graeme
        In Energy, Eolic energy, Eolic Offshore Wind Farms, News
        Posted 18 Setembro, 2023

        Portugal warned of rising offshore wind farm costs

        A disastrous investors ‘no show’ at a renewables energy auction in the UK on Friday is sounding alarm bells for the Portuguese government that has invested heavily in its own offshore wind [...]

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         BNZ invests €450M in solar parques
        0
        By Christopher Graeme
        In Energy, News, Renewables
        Posted 26 Julho, 2023

        BNZ invests €450M in solar parques

        Independent energy producer BNZ that develops, builds, and operates solar photovoltaic projects in Southern Europe, particularly Portugal and Spain, is to invest €450 million in Portugal with [...]

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         EDP boss promises record Brazil investment
        0
        By Christopher Graeme
        In EDP, Energy, News
        Posted 17 Julho, 2023

        EDP boss promises record Brazil investment

        The CEO of Portugal’s energy giant EDP, Miguel Stilwell has promised a record investment in EDP Brasil to the tune of €6Bn to 2028. The EDP CEO and new chairman of EDP Brasil following the IPO [...]

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         Galp refining margin falls by 62%
        0
        By Christopher Graeme
        In Energy, News, Oil and Gas
        Posted 17 Julho, 2023

        Galp refining margin falls by 62%

        Portugal’s energy giant Galp Energia saw petroleum production tumble in the second quarter of the year and its oil refining margins fall by over 50% on the same period because of the falling [...]

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         EDP to divest in hydro and coal fired energy in Brazil by 14% to 2026 despite mulling takeover bid or EDP Brasil
        0
        By Christopher Graeme
        In EDP, Energy, News, Renewables
        Posted 11 Julho, 2023

        EDP to divest in hydro and coal fired energy in Brazil by 14% to 2026 despite mulling takeover bid or EDP Brasil

        Portugal’s energy giant EDP plans to reduce its interests in Brazil  from is current 25% in EDP Brasil to 14% by 2026 according to the company’s new strategy plan to 2026. EDP’s focus will now be [...]

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         Food prices 23% above EU 2021 average
        0
        By Christopher Graeme
        In Energy, Food distribution, Inflation, News
        Posted 16 Junho, 2023

        Food prices 23% above EU 2021 average

        Despite a slowdown in inflation on the prices of goods and services in Portugal, food prices continue to be high at 23% above the average price levels of 2021. According to Portugal’s national [...]

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         Energy Agency asks Brussels for action on RRP
        0
        By Christopher Graeme
        In ADENE, Energy, Eolic energy, Green economy, Green energy, News, Portugal 2030, Portugal RRP
        Posted 9 Junho, 2023

        Energy Agency asks Brussels for action on RRP

        The president of the Portuguese Agency for Energy has asked Brussels to urgently release new funds from the Recovery and Resilience Fund for energy sector projects. The President of ADENE, Nelson [...]

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