In February, renewable production supplied 78% of electricity consumption in Portugal. Non-renewable production accounted for 13% of consumption, while the remaining 9% was supplied using imported energy.
In the year to date, renewable production supplied 77% of consumption, divided between hydroelectric with 38%, wind with 28%, photovoltaic with 6% and biomass with 5%. Natural gas production supplied 13% of consumption, while the balance of trade with foreign countries supplied the remaining 10%.
Regarding electricity consumption, despite the fact that February has one less day this year than in 2024, electricity consumption registered a year-on-year growth of 3.2% (2.7% correcting for temperature and working days). This growth was driven by temperatures lower than those recorded in the same period of the previous year, although with values well above the average values for the month. The annual evolution registers a variation of 2.6%, or 2.1% correcting for temperature and working days.
As in January, conditions were once again very favourable for hydroelectric power, with a productivity index of 1.28 (historical average of 1). Conversely, conditions were particularly unfavourable for both wind and photovoltaic power, with the respective indices recording 0.71 and 0.83, respectively. In the case of solar power, the continuous increase in installed capacity allowed for high year-on-year growth (27%), with the power delivered to the grid reaching peaks of around 2800 MW for the first time.
In the period between January and February, the hydroelectric productivity index was 1.25, the wind productivity index was 1.00 and the solar productivity index was 0.82.
In the gas market, consumption grew by 3.8%, due to the positive performance of the electricity generation segment, which recorded a year-on-year variation of 61%, compared to a lower availability of renewable energy than in the same period of the previous year. In the conventional segment, which includes the remaining consumers, consumption fell by 8.3%, mainly due to declines in large industrial consumers.
At the end of February, the annual accumulated gas consumption registered a growth of 1.5%, divided into a fall of 6.2% in the conventional segment and an increase of 29% in the electricity production segment.
The supply of the national system continued, in these two months, to be ensured through the Sines LNG terminal, while the balance of trade through the interconnection with Spain remained export-oriented, equivalent to around 6% of national consumption in this period. The United States, with 47%, and Nigeria, with 39%, were the main sources of gas consumed in Portugal.
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