Renewables meet 89% of Portugal's Q1 power demand

National grid operator Redes Energeticas Nacionais (REN) said on Monday that renewable energy plants in Portugal have covered 89% of the country's electricity consumption in the first quarter of 2024.

According to REN, this is the highest value for an opening quarter since 1978 when the national system still did not have a relevant thermal component.

Hydro accounted for 47% of consumption, wind for 31%, solar photovoltaic (PV) for 6%, and biomass for 5%. On March 11, hydropower reached 7,280 MW, a new maximum power delivered to the grid.

REN's data shows that electricity from renewable sources has been meeting the country's monthly needs with values above 80% for the third consecutive month, after recording 88% in February and 81% in January.

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