INTIEAPortugal · Centralized purchase of hydrogen and biomethane programPolicyIn force

Centralized purchase of hydrogen and biomethane program

€140 million. Portugal's centralized purchase program for hydrogen and biomethane, announced by the Minister for the Environment and Energy, involves an electronic auction managed by the Wholesale Supplier of Last Resort (CURg). The auction aims to purchase 150 GWh/year of…

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Country / jurisdiction: Portugal · Year: 2024 · Status: In force · Level: National · Type: Voluntary

€140 million. Portugal's centralized purchase program for hydrogen and biomethane, announced by the Minister for the Environment and Energy, involves an electronic auction managed by the Wholesale Supplier of Last Resort (CURg). The auction aims to purchase 150 GWh/year of biomethane at €62/MWh and 120 GWh/year of hydrogen at €127/MWh, The program's goals are to boost renewable gas production, integrate these gases into the National Gas System, and support the country's decarbonization efforts towards a zero net emissions economy.

Official source: https://hydrogen-central.com/portugal-government-launches-140-million-eur-hydrogen-and-biomethane-auction/

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https://www.iea.org/policies/28041

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