Portugal

Repsol deploys intelligent agent platform to automate workflows

Repsol has launched a pilot platform of AI multi-agents, developed with Accenture, to transform internal organisation and improve team productivity.

EDP deploys 10 MWc solar park in Italy combined with livestock activity

EDP has commissioned a solar power plant in Salerno integrating livestock farming, with a capacity of 10 MWc and an annual output of 17 GWh, marking the launch of a hybrid model to be replicated in France and Germany.

European airlines pressure Brussels over shortage of sustainable fuels

Airlines for Europe warns of insufficient sustainable fuel production in Europe and requests a delay in regulatory obligations if the European Commission does not act swiftly.
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Enagás in talks to acquire GIC’s stake in French gas transporter Terega

Spanish gas infrastructure operator Enagás is in advanced talks to acquire the 32% stake held by Singapore’s sovereign wealth fund GIC in Terega, valued at around €600mn ($633mn), according to sources familiar with the matter.

Elawan wins 92MW wind capacity in Romania under 15-year public contract

Elawan Energy secured two wind power projects totalling 92MW in Romania through a long-term public contract, strengthening its presence in the region with operations scheduled to begin in 2028.

Moeve joins Shell’s Avelia platform to scale sustainable aviation fuel supply

Spanish producer Moeve becomes the first external SAF supplier to join Shell’s blockchain-based platform designed to expand low-emission jet fuel adoption.
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EDP secures Australian contracts for 1.7 GW solar and battery projects

EDP will accelerate two major solar projects in Australia after securing government-backed contracts under the Capacity Investment Scheme.

Venture Global sinks 20% after legal defeat to BP over LNG contract dispute

US LNG producer Venture Global saw its market value drop sharply after an arbitral ruling in favour of BP reignited concerns over ongoing contractual disputes tied to the Calcasieu Pass project.

Ignitis Renewables takes full control of Curonian Nord offshore wind project

Ignitis Renewables acquires the remaining stake from Ocean Winds in the Curonian Nord project, securing full ownership of this strategic development in the Baltic Sea.
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Spain completes IAEA recommendations on radioactive waste management

An international audit led by the International Atomic Energy Agency confirms that Spain has fully addressed the recommendations made in 2018 regarding its nuclear waste management programme.

Gauss Fusion unveils Europe’s first industrial design for a fusion power plant

Gauss Fusion has released a full-scale plan for GIGA, its first commercial fusion power plant, amid Germany’s growing ambition to lead the future energy race.

Uniper signs seven-year biomethane purchase agreement with Five Bioenergy

German group Uniper has entered into a long-term supply deal with Five Bioenergy for biomethane produced in Spain, with deliveries scheduled to begin in 2027.
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Spanish solar producers warn of impact from negative electricity prices

Spanish solar energy producers have recorded 693 hours of zero or negative prices since January, already matching the total for the previous year, raising concerns about the sector’s profitability and market stability.

Technip Energies secures two major contracts for Ecoplanta methanol plant in Spain

Technip Energies has secured two engineering contracts from Repsol for an innovative waste-to-methanol facility in Tarragona, Spain, marking a strategic milestone in its partnership with Enerkem.

April blackout in Spain and Portugal caused by unprecedented power surge

The blackout that hit the Iberian Peninsula in April originated from a series of unprecedented surges. The European report points to a sequence of technical failures but does not yet identify a primary cause.
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Iberdrola adds 708 MW of solar capacity to joint venture with Norges Bank

Iberdrola strengthens its partnership with Norges Bank Investment Management by adding two Spanish photovoltaic plants, raising joint operational capacity to 900 MW.

France, Spain and Portugal seek to speed up electricity interconnectors

The three countries will hold a meeting in October to unlock interconnector projects, following a major blackout that exposed the fragility of the Iberian Peninsula’s electricity integration.

Half of Europe’s power grid exposed to blackout risks

Up to 55% of Europe’s electricity system remains vulnerable due to weak interconnection capacity, increasing the risk of widespread outages in several countries, according to a new report.
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Jolt launches advanced electrode plant at SPARK with Saudi government support

Jolt Green Chemical Industries appoints Dyar Al-Safwah to engineer a high-performance electrode facility at King Salman Energy Park, backed by the Ministry of Energy.

Fortescue forges global industrial alliances to electrify its mining operations

Fortescue accelerates the decarbonisation of its operations by leveraging an international network of technology and industrial partners, targeting net zero at its mining sites by 2030.

Accenture strengthens its net-zero infrastructure projects with BOSLAN

Accenture acquires BOSLAN to optimize net-zero infrastructure investments, strengthening its engineering project management capabilities for the global energy transition.

ECB: Gas price shocks amplify eurozone inflation

Fluctuations in gas prices are having an increasing impact on inflation in the eurozone, albeit less pronounced than that of oil price variations, reveals a study by the European Central Bank (ECB).

Libya: Partial reduction in production at the Sharara oil field

Production at Libya's Sharara oilfield is partially halted due to protests, threatening to reduce output to zero according to the National Oil Corporation (NOC).

Shell and MET Group sign contract for 800,000 tonnes of LNG per year from 2026

Shell signs a 10-year contract with MET Group to supply 800,000 tonnes of LNG annually from 2026, strengthening European supply and diversifying its portfolio.

Engie raises its annual forecast despite falling electricity prices

Engie announces a net profit of 1.9 billion euros for the first half of 2024, revising upwards its annual forecasts thanks to the upturn in renewable activities.

Iberdrola buys 88% of Electricity North West for 2.5 billion euros

Iberdrola acquires 88% of UK company Electricity North West Limited for 2.5 billion euros, consolidating its presence in the UK.
Iberdrola acquiert ENW

Aquila Clean Energy orders 24 additional turbines from Nordex for 141.6MW

Aquila Clean Energy places a new order with Nordex Group for 24 N163/5.X turbines for the Baza wind farm in Spain, increasing total capacity to 265 MW. The contract includes a 20-year Premium service.

China sets export record for low-cost solar modules

China exports a record 120,427 MW of solar modules in the first half of 2024, thanks to a substantial reduction in prices, despite persistent trade tensions.

Iberdrola España launches El Escudo wind farm with innovative approach

Iberdrola España, via Biocantaber, begins construction of the El Escudo wind farm in Cantabria. This €120 million project, with a capacity of 101 MW, incorporates BIM technology to optimize environmental impact.
Iberdrola parc éolien El Escudo

TotalEnergies acquires hydroelectric projects in Africa

TotalEnergies signs an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of **SN Power**, including interests in hydroelectric projects in Africa. This strategic transaction is designed to support the continent's energy transition.

Saitec and RWE conduct advanced studies on the DemoSATH floating wind turbine

Saitec Offshore Technologies and RWE launch the DemoSATH Lab program to assess the environmental impact of floating wind turbines, focusing on underwater noise, bird detection and marine life interaction.

France achieves record electricity exports in 1st half of 2024

France set a new record for electricity generation and exports in the first half of 2024, thanks to strong hydropower activity and a recovery in nuclear power, reports French electricity grid operator RTE.
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Madrid approves H2Med project for green hydrogen in Europe

Madrid authorizes the launch of the H2Med project, a green hydrogen pipeline between Barcelona and Marseille, scheduled for 2030. Enagas will lead the key developments.

EDP triples second-quarter earnings

Energias de Portugal (EDP) tripled its second-quarter profit to €408 million, thanks to the surge in renewable energies.

Marseille Fos: Half-Year Review and Strategic Energy Projects

In the first half of 2024, the Port of Marseille Fos made significant progress in its strategic energy projects, confirming its role as a future energy hub.
Marseille Fos hub énergétique

Eco Wave Power wins EDF Pulse award for its wave energy technology

Eco Wave Power, headed by Inna Braverman, wins the EDF Pulse 2024 award for its innovative wave energy technology, marking a significant advance in decentralized energy systems.

Iberdrola increases earnings by 64% thanks to asset disposals

Iberdrola, leader in renewable energies, announces a 64% increase in first-half 2024 earnings, supported by major asset sales and increased electricity production, particularly hydroelectric.

Three Projects Join European Renewable Energy List

The EU is adding three new renewable energy projects to the CB RES list, aimed at strengthening regional energy cooperation and supporting the transition to clean energy.
Visuel de la CB RES list de la Commission européenne

Spain approves 300 renewable energy projects worth USD 18 billion

The Spanish government authorizes the construction of nearly 300 renewable energy projects, representing an investment of $18 billion, to add 28 gigawatts of capacity.

Heat intensifies competition on Mediterranean LNG markets

LNG prices in the Eastern Mediterranean are at a two-month high, surpassing those in the Western Mediterranean, as demand soars due to heat waves.