100ah power station in China in Portugal

What is China's influence on Portugal's power grid?

Portugal Business News Portugal news - What is China’s influence on Portugal’s Power Grid? Portugal’s Critical Infrastructure includes its national power grid operator, REN, that is privatized with China’s state-owned company State Grid Corporation of China (SGCC) as the largest shareholder.

What is the largest hydroelectric power station in Portugal?

The largest hydroelectric power station is at the Alto Lindoso dam, with a capacity of 630 MW. Portugal has about 100 small hydro systems, with a capacity of 256 MW, which produce 815 GWh/year. At the end of 2018, wind power capacity in Continental Portugal was 5,368 MW.

Does Portugal have a power grid?

In Portugal, its national power grid operator, REN, has members of China’s State Grid that sit on the Board of Directors. REN’s Board of Directors has 15 members, out of which 3 are nominated by China’s State Grid.

Does China Three Gorges Europe have a role in Portugal's energy sector?

China Three Gorges Europe is indirectly present in the Portuguese energy sector, through its stake in EDP (Energias de Portugal), the country’s leading electricity company.

What happened to Portugal's national grid operator Ren?

It is to be noted that Portugal’s national grid operator, REN, that is traded on Euronext Lisbon, was privatized in February 2012 when Portugal sold a 25% share to China’s State Grid that is the world’s 2nd largest energy operator.

Does CTG Europe own EDPR (Portugal)?

CTG Europe also holds a 49% stake in EDPR (Portugal), a subsidiary of the electricity group that controls a portfolio of onshore wind assets in the country with a capacity of 649.9MW. In 2021, the companies announced a change in terms of their strategic partnership which would lead to greater flexibility and autonomy for both to grow globally.