All news
Politics
Business
Technology
Incidents
Sports
Weather
Science
Entertainment
World
Real Estate
AI News
Renewables account for 74.4% of electricity produced in Portugal until August
Business
Investments
Energy

Renewables account for 74.4% of electricity produced in Portugal until August

SAPO Notícias15 September 2026 at 09:20

Portugal achieved a historic milestone in electricity production from renewable sources, with 74.4% of electricity produced until August coming from clean energy. This result maintains the country in the Top 5 European sustainable energy, consolidating its position as one of the leaders in the energy transition in Europe.

The combination of solar and wind energy was decisive for this performance. The synergy between these two technologies allowed maximizing renewable production over the months, compensating for the variations of each source individually and guaranteeing a more stable supply.

The economic impact of this strategy is also significant. According to the Portuguese Renewable Energy Association (APREN), this renewable production avoided more than 1.2 billion euros in natural gas and electricity imports, reducing the country's external dependence and strengthening its energy autonomy.

Why this matters

This news is relevant for Portuguese readers because it demonstrates the country's progress in energy independence and the economic benefits of renewable energy. The reduction of 1.2 billion euros in imports can influence electricity prices and national environmental targets.

About this summary

This is our short summary of a report published by SAPO Notícias on 15 September 2026 at 09:20; the full text stays with the publisher. In our feed it sits under Business. We currently carry 23034 items in that section.

All items in this section →
Source

Related articles

Business

Spain. Inflation at 4.3% in August due to fuels

The inflation rate in Spain reached 4.3% in August, the highest value since 2023, according to recent data. The rise in prices was mainly due to the increase in fuel prices. In response, the Spanish government announced a 20-cent discount per liter on fuels to mitigate the impact on consumers.

Observador15/09/26, 10:34
Business

Crédito Agrícola Profit Retreats 2.2% in the First Half

Crédito Agrícola saw its profit retreat 2.2% in the first half of the year, settling at 168.5 million euros. The decline in results was driven by the reduction in the financial margin and the drop in insurance contract results.

Observador15/09/26, 10:33
Business

Agricultural Credit posts profit of 168.5 million in the first half, down 2.2% year-on-year

Crédito Agrícola achieved a consolidated net profit of 168.5 million euros in the first half of 2026, a year-on-year decline of 2.2%, according to the bank led by Sérgio Frade. Return on equity stood at 10.5%, but the CEO highlighted that the bank's cost of capital is very low, making this profitability attractive. Banking income rose 1% to 469.4 million euros, while operating costs increased 8.5% to 254.8 million. The loan portfolio grew 5.6% to 14,512 million euros and customer deposits increased 7.7% compared to the previous year, with the bank maintaining a market share of 8.2%. CET1 and Total Own Funds capital ratios stood at 24.9%, comfortably above regulatory minimums. The bank expects to begin the migration process to direct ECB supervision in 2027, which will involve asset quality review exercises and stress tests. Three Crédito Agrícola mergers are also underway.

Jornal Económico15/09/26, 10:32
Business

New dry dock at Viana shipyards now operational

The new dry dock at the Viana do Castelo shipyards is now operational, representing an investment of over 24 million euros by the concessionaire WestSea. APDL announced that operations began on September 7, with the entry of SEFU, a vessel measuring 117.3 meters in length, 9,259 GT, and a draft of 4.65 meters, being the first vessel to use this infrastructure.

Rádio Alto Minho15/09/26, 10:24