Key Market Indicators
Portugal's renewable energy generation is projected to reach approximately 20 terawatt-hours by 2028, up from around 19 terawatt-hours in 2023. This represents an average annual growth rate of 0.8%. Since 1970, Portugal has seen its renewable energy supply increase by an average of 2.5% each year. In 2023, Portugal ranked 14th globally in renewable energy generation. However, Finland surpassed Portugal with nearly 19 terawatt-hours of renewable energy. The United Kingdom, Spain, and France occupied the second, third, and fourth spots, respectively, in the global ranking for renewable energy generation.
