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Portugal Renewables Report Q2 2016

Portugal Renewables Report Q2 2016

Latest Updates and Structural Trends

The political uncertainties as well as ongoing economic competitiveness issues have led to a downwardrevision of all renewable sub-sectors growth rates for our ten-year forecast, as delayed structural reformscontinue to undermine Portugal's economic shift away from private consumption-dependence towards aproduction, investment and export-oriented economy.

During 2016, Portugal's total generation from non-hydropower renewables will be 16.75TWh, whichrepresents some 33.24% of total electricity generation, marginally higher than 2015's 31.82%.

The first draft of the government's economic and social development plan (GOC) 2016-2019, publishedin January 2016, is suggesting an investment focus on solar power for the next three years.

In December 2015, Portuguese renewables developer Muki Solar submitted a licence application for1GW's worth of solar projects to the General Directorate for Energy and Geology.

In November, EDP came to an agreement with four partners to develop the 25MW Windplus floatingoffshore wind project, which is scheduled to commission in 2018. The project is receiving USD27.2mnfrom the European Commission.

In late October 2015, EDP took full ownership of 613MW's worth of wind capacity, previously owned bythe Eólicas de Portugal consortium, formed of EDP, Italy's Enel Green Power and Genergy. Thetakeover had been approved in August, and will raise EDP's renewable capacity in the country to1,243MW.


BMI Industry View
Table: Portugal - Headline Renewables Forecast
SWOT
Industry Forecast
Portugal Renewables Forecast Scenario
Structural Trends
Table: Total Electricity Generation Data And Forecasts (Portugal 2014-2019)
Table: Total Electricity Generation Data And Forecasts (Portugal 2020-2025)
Table: Electricity Generating Capacity Data And Forecasts (Portugal 2014-2019)
Table: Electricity Generating Capacity Data And Forecasts (Portugal 2020-2025)
Portugal Renewables Projects Database
Table: Portugal - Top Three Renewables Projects By Capacity (MW)
Industry Risk Reward Index
Portugal Renewables Risk/Reward Index
Rewards
Risks
Market Overview
Sustainable Energy Policy And Infrastructure
Targets
Subsidies
Table: Renewable Feed-In Tariffs In Portugal, 2007
Infrastructure
Competitive Landscape
Enel
Energias De Portugal (EDP)
Redes Energéticas Nacionais (REN)
Glossary
Table: Glossary Of Terms
Methodology
Methodology And Sources
Industry Forecast Methodology
Sources
Risk/Reward Index Methodology
Table: Renewables Risk/Reward Index Indicators
Table: Weighting Indicators

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