News

2023-12-14
Energy companies soar on the stock market after an agreement to reform the electricity market
The main Portuguese index, PSI, which had already started today's session driven by the energy sector, is now up more than 1% and continues to be driven by this sector.
2023-12-13
Government says agreement "closes with golden key" Portugal's participation in COP28
Duarte Cordeiro stated that this statement, "from the point of view of what the text is and its ambition", is "much more in line" with what science says, with a language "of the end of fossils".
2023-12-13
European Commission applauds agreement and says EU contribution crucial
The President of the European Commission, Ursula von der Leyen, today applauded the agreement reached at COP28 and considered that "a crucial part" was only possible because of the European Union (EU).
2023-12-13
Portugal among the European countries that have reduced the least emissions in transport in the last decade
A new report by the European Court of Auditors points out several weaknesses and uncertainties in the European commitment to biofuels, with Portugal outside the group of countries that most incorporate these solutions in transport.
2023-12-13
COP28 approves "pathway" to phase out fossil fuels
Representatives from more than 200 countries agreed after two weeks of negotiations, on the goal of achieving carbon neutrality by 2050 based on scientific recommendations.
2023-12-12
Solar energy growth in the European Union is expected to slow in 2024-25
The European Union has a target of 600 gigawatts (GW) of solar installations by 2030, necessitating a significant acceleration in deployment for its transition to non-fossil energy.
2023-12-12
Portugal fails Top 10 of the largest European solar energy markets
The association SolarPower Europe expected Portugal to enter the list of the 10 largest European markets for the installation of solar panels this year, but a report published this Tuesday shows that this did not happen, despite the growth that...
2023-12-12
Municipalities demand suspension of AT circular that leads to IMI exemption on dams
The National Association of Portuguese Municipalities demanded this Tuesday the revision of the instructions of the Tax Authority in relation to renewable energy production areas, such as dams, stressing that the current circular would lead to the...
2023-12-12
People power is the key to changing the course of the energy transition
The World Energy Markets Observatory (WEMO) takes stock of the current state of the energy transition, revealing that, despite the progress made, greenhouse gas (GHG) emissions continue to rise and the consequences of climate change are happening much...
2023-12-12
New buildings in the EU will have to be carbon neutral from 2030
New buildings in the European Union (EU) will have to be carbon neutral from 2030, after the Council of the European Union (EU) and the European Parliament reached an agreement on the proposal.