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HomeLatest NewsIberdrola opens one of the largest gigabatteries in Europe in Portugal, capable...

Iberdrola opens one of the largest gigabatteries in Europe in Portugal, capable of storing energy for 11 million people a day.

Date: October 2, 2022 Time: 19:26:22

Portuguese Prime Minister António Costa and Iberdrola Chairman Ignacio Galán inaugurated the Tâmega gigabattery, an electrical generation system. capacity of 1158 MW and storage capacity of 40 million kWhwhich is equivalent to the energy consumed by 11 million people within 24 hours in their homes.

The hydraulic accumulator has been under construction for almost eight years with an investment of 1,500 million euros. A complex of three factories (Alto Tâmega, Daivões and Gouvães), It has a pumping ability that allows you to save energy when you need it most.

Also has cycle of energy efficiency and circular economy which allows to increase the total electrical capacity installed in Portugal. This system allows avoid 1.2 million tons of CO2 per yearto combat climate change.

In this sense, the work will prevent the import of more than 160,000 tons of oil per year, and its construction plan includes social, cultural and environmental activities, for which 50 million euros have been allocated in the seven municipalities of the area.

Ignacio Galán underlined the legal stability and the good dialogue reached with the Portuguese government for the creation of this gigabattery. This infrastructure aims to comply two main objectives of European energy policyenergy independence and decarbonisation.

Galan also announced that Iberdrola’s investment in gigabatteries could double in the next few years. An investment that could reach 3,000 million euros for new wind and solar power plants.

The event was attended by figures such as Duarte Cordeiro, Minister of the Environment and Climate Change of Portugal, João Galamba, Secretary of State for Environment and Energy, as well as representatives of other authorities, suppliers and employees.

Source: www.publico.es

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