No more contracts for the exploration of oil and gas will be given out by the government, effectively shutting the door to the entire industry Portugal has effectively shut the door for further exploitation and exploration for oil and gas on its territory after government officials announced that no new contracts will be awarded to companies looking to prospect and ...

Portugal’s recent PV auction marks a new era of battery storage for the country, says UK consultancy Everoze. It notes that the auction was so competitive that the winners had to cut their expected remuneration in the solar+storage category to negative values. It claims that the real winner is the government, as it is maximizing the value of scarce grid ...

Portugal’s second solar auction has closed with record-breaking low prices of €11.14/MWh (US$13.12), or US$0.0131/kWh, the country’s government announced yesterday. Of the 700MW available for auction, 670MW was awarded, with Hanwha Q CELLS winning half of the 12 lots with bids that included battery storage. Other winners included Tag Energy, Iberdrola and Enel, with the majority of the lots including ...

Portugal’s government has officially confirmed that its second solar PV tender included one lot awarded at a new world record low solar energy price of €11.14/MWh, or around $A18.17/MWh, and 25 per cent below its previous record. As we reported earlier this week, quoting Portuguese financial newspaper Expresso, the country’s second large solar PV tender was destined to make history with another ...

Portugal, which held the title of the world’s lowest Tariffs at Rs 1.22 ($16.54/Mwh) approximately after the first round of its solar auctions last year, is set to break the 1 rupee barrier in the second round of auctions, results for which are to be announced today. The earlier record had been eclipsed by Qatar’s 800 MW auction this year, ...

Could the COVID-19 be grounds for streamlining acquisition procedures? COVID-19-related events could justify adopting direct award procedures for reasons of “extreme urgency”. The following amendments introduced by Decree-Law 10-A/2020 must be highlighted: Possibility of direct award on the grounds of “extreme urgency” by the State, the Autonomous Regions of Azores and Madeira, municipalities, independent agencies, public institutes, public foundations, public ...