Portugal has announced a new energy plan to significantly increase its use of renewable energy. The goal is to have 93% of electricity come from renewable sources by 2030. This ambitious plan, which will be open for public review until September 5 before being presented to parliament, is part of a major effort to fight climate change. In 2023, renewable sources will have already provided 61% of Portugal’s electricity, one of the highest rates in Europe. The updated plan raises the 2030 target from the previous 85% set by the former government, showing a strong commitment to improving sustainability and energy security.

The new draft also changes the goal for green hydrogen production, reducing it by 45%. Portugal is just starting to set up machines for green hydrogen production, with the current output being very low. The revised plan aims to double the country’s renewable energy capacity to 42.9 gigawatts by 2030. This includes 12.4 gigawatts of wind power, with 2 gigawatts coming from offshore projects, and increasing solar power capacity to 20.8 gigawatts. Despite the cut in green hydrogen targets, Portugal continues to focus on its overall climate goals, such as cutting greenhouse gas emissions by 55% from 2005 levels and reaching carbon neutrality by 2045. The plan highlights Portugal’s advantageous position for developing a green hydrogen industry, aiming to attract investment and enhance competitiveness in the energy sector.