This has been done through Order of the Portuguese Energy Secretary of State of 22 February, which adds a period of 10 months for promoters to comply with the following milestones:
These extensions apply together with those already approved in 2021, 2022, and 2023, confirming the challenges faced by promoters in obtaining licenses from the Portuguese Energy Ministerial Department (DGEG). This is more so concerning the holders of the grid capacity titles (TRC) that were awarded the 2019 and 2020 auctions in obtaining financing, because of the (sometimes very) low tariffs they committed to, highlighting the shortcomings of the bidding model chosen by the Portuguese Government. The Portuguese Government has also suspended (Order of Portuguese Energy Secretary of State of 23 February) the termination of the prior registry for renewable gas production units granting their promotors an additional period of 3 months to complete their plants’ construction. |