Portugal's energy export challenges will persist
Friday, February 10, 2023
Significance
However, Portugal’s geographic position means its ability to connect with wider European power and gas markets is very limited and heavily dependent on Spanish connections with France.
Impacts
- Portugal’s energy security will become increasingly linked to Spain’s.
- Increased electricity trade within the Iberian peninsula and further north should encourage renewable energy development.
- Portugal will look to deepen energy cooperation with countries in Northern Africa.