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Renewable Energy supplies 62% of electricity consumption in Portugal in 2026

Renewable Energy supplies 62% of electricity consumption in Portugal in 2026
Renewable Energy supplies 62% of electricity consumption in Portugal in 2026 - Portugal Business News

Renewable Energy News Europe - Renewable Energy supplies 62% of electricity consumption in Portugal in January-October 2026, according to a report by REN dated November 3, 2026. In the energy sector, Portugal´s balance of trade with foreign countries maintained the import trend, representing the remaining 40% of energy consumption. In October, renewable energy production supplied 47% of electricity consumption in Portugal, while non-renewable production accounted for 13%. Portugal´s energy supply in October 2026 was entirely through the Sines LNG terminal, and through the interconnection with Spain, where the system exported the equivalent of 2/3 of national consumption. For the first 10 months of 2026, Portugal´s energy supply was almost entirely from the Sines terminal, with the main gas suppliers being Nigeria with 54% of imports, the USA with 39% of imports, and Russia with 7% of imports. In 2026, Portugal´s export balance through the interconnection with Spain was the highest ever recorded in the national energy grid.



Here are the main sources of Renewable Energy in Portugal in 2026:



1 - Hydroelectric power


Hydroelectric power accounted for 22% of the supply of Renewable Energy in Portugal in 2026



2 - Wind power


Wind power accounted for 22% of the supply of Renewable Energy in Portugal in 2026



3 - Solar power


Solar power accounted for 13% of the supply of Renewable Energy in Portugal in 2026, with a year-on-year growth of 10%



4 - Biomass power


Biomass plants accounted for 5% of the supply of Renewable Energy in Portugal in 2026



5 - Natural gas


Natural gas production accounted for 14% of consumption, while the import balance, with the remaining 24%, recorded the highest ever share in Portugal´s electricity grid in 2026



Click here for the link to Renewable Energy News Europe for the latest updates



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