Portugal ups debut offshore wind auction target to 10 GW

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Reuters UK

LISBON (Reuters) – Portugal has raised the target for its debut offshore wind power auction to 10 gigawatts (GW), Environment Minister Duarte Cordeiro said on Wednesday, aiming to “move faster” on the country’s energy transition. In June, Cordeiro put the capacity on offer at the auction due next year at 6-8 GW, which was already double the government’s target at the start of 2022. The energy crisis caused by Russia’s invasion of Ukraine is forcing countries to bet more on new technologies to boost renewable energy generation, such as wind and solar, which was already happening as part of a gl…

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