Household energy storage sales model in Porto Portugal

Can storage replace thermal generation in Portugal?

The pursuit of economic viability by storage facility owners will inherently lead to charging during low-cost hours and discharging during hours that are more economically attractive. Storage can replace thermal generation in constraint markets, easing the grid and supporting Portugal’s 2040 phase-out target.

Can storage increase self-consumption during non-solar hours?

Storage can increase self-consumption during non-solar hours, aligned with Portugal’s 2030 goals (5,7GW). The seasonality of consumption in certain locations in Portugal, such as Algarve, combined with new demand hubs such as electrolyzers and data centers, may require flexibility technologies.

How many micro-storage systems were installed in 2024?

lower rate, with 7.5% annual growth and 430 MWh of micro-storage installed. However, in terms of the number of systems, 2024 saw a 44% increase in the number of installed micro-storage systems, from 87,000 in 2023 to 125,000, or over a fifth of the total annual home storage market (580,000).4 This incr

How much energy storage will Spain have by 2030?

y storage capacity by 2030, with batteries constituting 40% of that volume. In total, standalone and hyb id batteries would represent 7.3 GW while BTM storage would provide 1.6 GW. To support this target, the Spanish government has launched three different aid schemes over the past two years, for innovative energy storage (50 million E