Green hydrogen clearly dominates the second Lisbon Energy Summit from May 27 to 29, 2024.
Exhibitors embrace a number of photo voltaic and vitality storage firms. Importers, wholesalers and producers are each optimistic and skeptical concerning the prospects for PV in Portugal:
“The demand for PV in Portugal is at present stagnant as a result of lack of subsidies and the low worth of electrical energy,” Hugo Moura, supervisor of the buying and selling present firm Parinox, mentioned. pv journal.
Francesco Tondo, a advertising director for battery producer Exide Technologies, agreed, noting the variety of guests to the Lisbon Energy Summit and the occasion’s viewers. Despite growing worth cannibalization, Portugal’s storage market is constrained by an absence of viable enterprise fashions.
“In international locations like Germany with mature battery markets, batteries at present have a turnover of 5 to 6 years, in Portugal it’s seven to eight years, and there’s a excessive self-consumption even as much as in ten years,” mentioned Pilar Béjar, one other gross sales supervisor for Exide Technologies. “However, now we have initiatives in Portugal, as a result of increasingly more firms need to fulfill their decarbonization commitments with a very inexperienced vitality provide.”
Subsidies for PV, in addition to incentives and enterprise fashions for battery storage, will revive the PV and storage market in Portugal, mentioned a number of trade representatives in Lisbon. However, prolonged approval processes have paralyzed the Portuguese photo voltaic market.
“We want fewer entities concerned, engaged on the identical processes in parallel however with out coordination,” mentioned José Eduardo Pereira, enterprise growth supervisor of certifier ISQ.
The new Mission Structure for Licensing of Renewable Energy Projects (EMER 2030) might change this. This entity goals to additional pace up the approval processes for renewable vitality initiatives in Portugal. It seeks to bridge the hole via cooperation between the federal government, venture builders, and buyers.
The second Lisbon Energy Summit 2024 attracted a heterogeneous viewers, with 2,500 guests from 48 international locations, nevertheless it was clearly dominated by utilities and engineering, procurement, and development (EPC) contractors from the hydrogen financial system. . Energy administration and engineering options are among the many exhibitors from the 950 firms attending the convention, in addition to some photo voltaic suppliers. There are not any classes on photo voltaic matters on the strategic convention, the hydrogen and carbonization convention and the local weather expertise convention.
Author: Sarah Hommel
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