Harnessing its innovative startups, Portugal builds a better cleantech ecosystem

With help from government and private-sector initiatives, Portuguese cleantech startups are playing an ever-increasing role in helping the country meet its energy challenges while cutting harmful greenhouse gases

The overwhelming majority of countries in the world, including the European Union's 28 member states, have been striving for decades to lower their greenhouse gas emissions and shift to less harmful energy sources. With ample sunshine and wind resources, especially offshore, Portugal has long been onboard in fighting climate change and taking action domestically to be part of the solution.

Both EU-wide and national initiatives provide a carrot-and-stick approach to adaptation and innovation in energy use. Under the latest EU-wide directive, the bloc is obliged to ensure that at least 32% of its energy supply is generated by renewables by 2030, with each country mandated to draft 10-year National Energy & Climate Plans by the end of 2019, to ensure compliance by each state.

Under its previous government, which was intent on slashing costs to meet strict austerity targets, Portugal was off-track to meet its target for 2020 of producing 31% of its energy consumed through renewables. However, in

To continue reading, please download the full report.

Your payment was not successful.

Please make sure you have entered your payment details correctly. Or try again in a few moments.

small logo

The discount code you entered is invalid

Please make sure you have entered your discount code correctly. Or try again in a few moments.

Download successful.

Your sample has been sent. Please check your email.

By accessing and using www.compasslist.com and all pages within the domain (the “Website”), You accept and agree to have read, understood, accepted and agreed to be bound by the Terms of Use and Privacy Policy in full. If you disagree with all or any part of these Terms of Use and Privacy Policy, please do not use or continue any further use of this website. You acknowledge that you are aware that this Website contains an archive of existing content as at 31 December 2021 and is not being actively managed. We are under no obligation to update the content on this Website and, accordingly, no new content or articles will be posted to the Website after 31 December 2021.