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Our CEO, Manuel Pessanha, shared his insights with Strategic Energy Europe on the recent Portuguese storage auction.
While the initiative was a step forward, challenges remain: Tight deadlines, restrictive participation conditions and a remuneration model that may not ensure the financial viability of all awarded projects.
In the interview, he discusses how Portugal’s approach compares to other European markets and how a shift towards capacity markets rather than investment subsidies could create a more sustainable and attractive storage sector.
Read the full article here.
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