Latest news and stories about energy in daily life in Portugal for expats and residents.
The Portuguese government has acquired a 13.7% stake in REN to prevent Chinese control, a move criticized by experts as a return to state capitalism and a departure from liberal economic principles.
The Portuguese state, through Parpública, has re-entered the capital of grid operator REN by acquiring a 13.7% stake from Amancio Ortega's investment firm, Pontegadea Inversiones.
Smaller energy retailers are increasingly opting for shorter contracts to mitigate risks associated with geopolitical instability, such as the conflict in Iran, according to insights from the comparison service Manie.
Portugal held 1.56 million tonnes of petroleum reserves in the final quarter of last year, with the government announcing plans to release 10% of these strategic stocks to help stabilize fuel prices amid global supply concerns.
The prospect of easing energy prices has been countered by escalating tensions in Saudi Arabia following an attack on a key pipeline. This pipeline, which allows Riyadh to bypass the Strait of Hormuz by redirecting 4 million barrels per day to the Red Sea, is now out of service. The disruption threatens to worsen global supply shortages, pushing Brent crude prices above $108 per barrel. While Saudi Arabia has some reserves at other ports, they are not full and will eventually be depleted if the East-West pipeline remains closed. With winter approaching in the Northern Hemisphere, analysts expect further upward pressure on fuel prices.
The energy company is expanding its presence beyond power supply at regional trade fairs across inland Portugal.
Managers of the oil company highlight that 90% of the results originate from activities outside the country and are unrelated to the fuel distribution business in Portugal.
According to the daily bulletin from ENSE for this Wednesday, July 1st, the average final prices for petrol and diesel in mainland Portugal - obtained from the Energy One-Stop Shop based on the pump prices reported by petrol stations - are €1.923 per litre for petrol and €1.839 for diesel.
The EDP Energia Solidária initiative is providing support to 13 different environmental projects across Portugal.
Home Home & Garden Installing an EV Charger at Home? Read This Before You Choose Installing an EV Charger at Home? Read This Before You Choose Many people assume that installing the most powerful charger available will automatically result in faster charging.
In the second half of last year, natural gas prices in Portugal increased by 3% for families but fell by 10% for companies, reveals the latest bulletin from the energy regulator.
Despite a 7% decrease in electricity costs for families, taxes still represent 34% of the total price.
Portugal recorded the second highest price for domestic gas when adjusted for purchasing power standards during the second half of 2025.
13kg butane gas cylinder reaches 39 euros in April, the highest price ever recorded.
Gone are the days when stamps and envelopes dominated CTT counters. The company continues to diversify its business and has just signed a commercial partnership with EDP to start offering energy deals across its vast network of stores and post offices almost everywhere.
This expectation comes from energy market expert Ricardo Marques. Additionally, Donald Trump guarantees that Iran will suspend its nuclear programme indefinitely.
The recent escalation in fuel prices — already above two euros per litre at many stations — does not occur in a vacuum. It results from an adverse international context, marked by geopolitical tensions, constraints in global supply chains and an ongoing energy transition that is far from linear. Price volatility...
A guide on how to verify the actual source of your electricity supply to confirm if it is truly 100% renewable.
The forecast comes from the National Association of Fuel Retailers. Furthermore, the president of Redes Energéticas Nacionais rules out, for now, any energy supply problems due to the war in Iran.
Epcol's accounts
Regulated electricity prices will increase by an average of 1% next year, according to a statement from the Energy Services Regulatory Authority (ERSE) shared this Monday. The regulator's decision aligns with a proposal made last October, which had already suggested an average price increase of 1%.
