Why Portugal

5000

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ATTENDEES

250

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INTERNATIONAL EXHIBITORS

90

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COUNTRIES REPRESENTED

15

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MINISTERS

300

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INDUSTRY LEADING SPEAKERS

Why Portugal? A world leader in new energies and technological innovation

The Lisbon Energy Summit & Exhibition 2024, is officially endorsed by the Portuguese Ministry of Environment and Climate Action, who share our dedication and commitment to supporting the global energy supply chain through the emission reduction transition.

Copenhagen Infrastructure Partners (CIP)

Copenhagen Infrastructure Partners’ Energy Transition Fund (CIP) has teamed up with Portuguese project developer Madoqua Renewables (Madoqua) and consultancy Power2X (Power2X) to create a €1bn green hydrogen and ammonia plant.

The industrial-scale MadoquaPower2X project will be based in Sines, Portugal, and is expected to create 200+ direct and indirect jobs.

MadoquaPower2X will use renewable energy and 500MW of electrolysis capacity.

It is the first project to be installed at the future energy and technological hub of Sines, with an industrial scale production of 50,000 tonnes of green hydrogen and 500,000 tonnes of green ammonia per year.

This project is the first real step in the implementation of a new energy transition model, of which Portugal is an early mover, asserting itself as a relevant player in the new energy world order.

1 (1)
Carbon neutrality
Carbon neutrality

Portugal's energy and climate policy is to push for carbon neutrality, primarily through broad electrification of energy demand and a rapid expansion of renewable energy generation.

2
Renewables
Renewables

Renewables covered 54% of the electricity generation and there is high use of bio energy in industry and buildings.

3
Sustainable energy
Sustainable energy

The government will provide financing for sustainable energy projects through the European recovery and resilience plan.

4
Energy transition
Energy transition

Portugal aims to accelerate its energy transition and increase the proportion of renewable sources by 20% points to 80% of its electricity output by 2026, four years earlier than previously planned.