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EDP Renewables Lifts First-Half Power Output 4%, Driven by a Solar Surge

EDP Renewables Lifts First-Half Power Output 4%, Driven by a Solar Surge

EDP Renováveis (EDP Renewables), the green-energy arm of Portugal's EDP (Energias de Portugal), generated 4% more electricity in the first half of 2026 than it did a year earlier, with a fast-growing solar fleet doing most of the heavy lifting. The...

The Portugal Brief 12 Jul 2026

Large cylindrical steel fuel storage tanks at a Galp depot in Portugal, standing behind dry summer grass under a clear blue sky

Galp Escalates a €150 Million Mozambique Tax Dispute to World Bank Arbitration

Galp has filed for international arbitration against Mozambique at the World Bank's ICSID over a €150 million tax bill. The dispute follows Galp's March 2025 sale of its 10% Rovuma Basin gas stake to ADNOC; Mozambique's tax authority values the taxable gain at €920 million, while Galp puts it 35 tim

The Portugal Brief 11 Jul 2026

A hand holding a green fuel nozzle inserted into the filler of a dark red car at a petrol station

Diesel Jumps 7 Cents a Litre on Monday as Middle-East Tensions Lift Portugal's Pump Prices

From Monday 14 July, diesel is set to rise about 7 cents a litre and petrol 2.5 cents, pushing average prices to roughly €1.86 and €1.92. A fresh escalation of Middle-East tensions has lifted Brent crude; the government is expected to widen its ISP fuel-tax discount to soften the blow at the pump.

The Portugal Brief 10 Jul 2026

A long row of ground-mounted solar photovoltaic panels in a green field under a blue sky with scattered white clouds

Renewables Supplied 71% of Portugal's Electricity in a Record-Consumption First Half

Renewables supplied 71% of Portugal's electricity in the first half of 2026 — hydro 29%, wind 26%, solar 11% — even as consumption hit a record 27,200 GWh, REN data show. Solar output peaked at a record 3,800 MW on 29 June.

The Portugal Brief 10 Jul 2026

The Galp oil refinery at Sines on Portugal's southwest coast, its tall chimney and flare stacks rising above pine trees against the Atlantic

Government Draws Two Red Lines Around the Galp–Moeve Refinery Merger: Keep Sines, Supply Portugal First

Lisbon has set two conditions on the proposed Galp–Moeve merger: keep a working refinery at Sines and give Portugal supply priority in an energy crisis. Moeve, the former Cepsa, is owned by Abu Dhabi's Mubadala and US fund Carlyle. Sines meets about 90% of Portugal's fuel demand, raising sovereignty

The Portugal Brief 09 Jul 2026

Sunlit terracotta rooftops of Alfama above the Tagus river in Lisbon, Portugal, under a clear summer sky

As Air Conditioning Spreads, EU Home-Cooling Energy Has Doubled Since 2018 — Portugal Ranks Ninth

New Eurostat figures show EU households roughly doubled the energy they spent cooling their homes between 2018 and 2024, driven by fiercer heatwaves and spreading air conditioning. Portugal ranked ninth in absolute cooling use — a mid-table position that looks set to climb as summers lengthen.

The Portugal Brief 09 Jul 2026

High-voltage electricity transmission pylon and power lines against a blue sky in the Algarve, Portugal

Fixed-Price Power Contracts and Tougher Cut-Off Protections Arrive at the End of August

A decree-law taking effect at the end of August will force Portugal's largest energy suppliers to offer one-year fixed-price contracts and will bar cutting off vulnerable customers during peak summer and winter. A minimum 1.5 kVA supply, automatic social-tariff transfers and tailored payment plans a

The Portugal Brief 09 Jul 2026

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