In a statement, the electric company said that it has won today, through its subsidiary Endesa Generación Portugal, in Pego’s fair transition competition, in Portugal, a project that combines the hybridization of renewable sources and storage in what will be the largest battery in the world. Europe, with social and economic development initiatives.
In the same note, Endesa detailed that it had “acquired the right to connect to the public service electricity grid (RESP) of 224 MVA. [MegavoltAmpere] to install 365 megawatts [megawatts-pico] of solar energy, 264 MW of wind energy with integrated storage of 168.6 MW and a 500 kW electrolyzer [quilowatts] green hydrogen production.
According to Endesa, “the hybridization of these technologies will make it possible to improve production and obtain a high load factor, placing Portugal at the forefront of Europe in terms of the development and use of these energies.”
The group highlighted that “in addition to the development of renewable energy sources,” it presented “a plan in which all local agents participated,” that is, “starting with a study and analysis of their needs, it has prepared a specific plan for economic growth and the region, which includes creating 75 jobs, and 12,000 hours of training and support for SMEs to integrate their projects in the region, creating new opportunities for growth and wealth in the Abrantes region.
Endesa detailed that its project “represents a total investment of €600 million, is not subject to external aid as it is an economically sustainable initiative”, and aims to “build new (365 MW) and (264 MW) solar energy in a hybrid system supported by a battery storage system with a total capacity of 168.6 megawatts.
According to Endesa, “This battery system aims to make the most of renewable production by injecting the energy stored into the RESP in a dynamic and optimized manner, which reduces energy loss and optimizes its utilization,” and “a 500-kilowatt electrolyzer goes into operation simultaneously to benefit of surpluses that the storage system cannot manage.”
The group asserted that this was an “innovative model, made possible by advanced Portuguese legislation on hybridization and electrical energy storage” and that it would “allow to achieve approximately 6000 hours of production, superior to the operation of any conventional thermal power plant”.
The company also stated that its project “was conceived from the beginning as a collaboration with the Abrantes region and with the workers involved in the closure of the Pego coal plant, so the proposal submitted includes a social and economic training and development project”.
Thus, the group “developed a training plan of more than 12,000 hours, which will allow the vocational retraining of more than 2,000 people, as well as open the possibility of future jobs for the unemployed in the region,” adding that “this training is essential in approaching the new renewable energy projects of Endesa in Pego, where qualified labor will be needed.”
The group is committed to “creating 75 permanent direct jobs, using the labor of former Pego factory workers,” according to the same statement.
“With this award, Endesa reinforces its commitment to Portugal, to a fair transition and, primarily, to the communities with which we have worked for 3 decades in the Abrantes region and with whom we will now build the future for the next three decades or more and more decades,” explained Nuno Ribeiro da Silva. , Managing Director of Endesa in Portugal, made the same note.
The competition jury for the point of contact for the Pego power plant, in Abrantes, has selected Endesa’s proposal and will now send its decision to the DGEG, according to a report published today.
“The jury proposes, at the end of the evaluation stage, to the competent body to allocate the reservation of injection capacity in the public service electricity network to award the subject of this competitive action to Endesa – Endesa Generación Portugal, SA ranked first,” the document reads.
Thus, “the jury considers it to have been referred to the Director General of the General Directorate of e-Government.” [Direção-Geral de Energia e Geologia] The present award offer and documentation relating to the bidder’s bid, in so far as they are binding on the bidder, as well as the entire administrative process of that procedure.”