1.58 billion euro investment to modernize national electricity grid

Thursday, 6 August 2026AI summary
1.58 billion euro investment to modernize national electricity grid
Photo: RTP Notícias

The Portuguese government has approved the 2026-2030 Development and Investment Plan for the National High and Medium Voltage Electricity Distribution Network (Plano de Desenvolvimento e Investimento da Rede Nacional de Distribuição de Electricidade em Alta Tensão e Média Tensão or PDIRD-E). This 1.58 billion euro project aims to improve grid resilience and reliability following recent storm damage and blackouts. The investment also supports the energy transition and the integration of renewable energy sources into the national grid.

Context & Explainers

The PDIRD-E (Plano de Desenvolvimento e Investimento da Rede de Distribuição de Eletricidade) is the national development and investment plan for the high and medium-voltage electricity distribution network. The 2026-2030 plan allocates 1.58 billion euros to modernize the grid, which is essential for integrating renewable energy sources and ensuring reliable power supply across the country.