Portugal

2023 - 3 - 27

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Image courtesy of "Reuters"

Portugal to launch Europe's first auction for piped hydrogen (Reuters)

Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, ...

Register for free to Reuters and know the full story The Portugal solution could be an effective way of resolving the "chicken and egg" situation of waiting for demand to justify investment, said Dilara Caglayan, senior research associate for hydrogen at Aurora Energy Research. LISBON, March 27 (Reuters) - Portugal will launch a pioneering auction in the second half of this year for rights to sell hydrogen for injection into the national gas grid, which some see as a key step in kickstarting Europe’s fledgling hydrogen market.

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Image courtesy of "OilPrice.com"

Portugal Bids To Boost Green Energy With First Hydrogen Auction (OilPrice.com)

Portugal is set to hold Europe's first hydrogen auction managed by Gás Natural de Portugal (GNP) aiming to reduce greenhouse gas emissions by injecting ...

[Join the discussion](#join-discussion) The auction will be managed by a new body called Gás Natural de Portugal (GNP), which will buy renewable hydrogen and biomethane at auction and then sell it on to gas companies. ADVERTISEMENT The Portuguese government has set ambitious targets to reduce emissions by 2030 and is now looking to green hydrogen to meet those goals. On Monday morning, Portugal announced that it would launch a pioneering auction for rights to sell hydrogen for injection into its natural gas grid in the second half of this year.

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Image courtesy of "Mercom India"

EIB Lends €450 Million to Portugal for Transmission System ... (Mercom India)

The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy sector company Redes Energéticas Nacionais (REN) ...

The reform aims to incentivize longer-term contracts with non-fossil power production and bring more clean, flexible solutions such as demand response and storage. “We are extremely pleased to have EIB supporting our commitment to the energy transition. It would also enable REN to maintain the reliability and quality of the electricity supply.

Post cover
Image courtesy of "Mercom India"

EIB Lends €450 Million to Portugal for Transmission System ... (Mercom India)

The European Investment Bank (EIB) has agreed to lend €450 million (~$485 million) to Portugal-based energy sector company Redes Energéticas Nacionais (REN) ...

The reform aims to incentivize longer-term contracts with non-fossil power production and bring more clean, flexible solutions such as demand response and storage. “We are extremely pleased to have EIB supporting our commitment to the energy transition. It would also enable REN to maintain the reliability and quality of the electricity supply.

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