2024-05-29T19:18:00
Portugal

Tender allocating €140 million over 10 years aims to incentivize renewable gas projects

Renewable gas auction
View document
May 29, 2024

Following Ordinance 15/2023, establishing a centralized purchasing system for biomethane and green hydrogen produced from water electrolysis (see Legal Flash), Order 5971-A/2024 of May 27 (“Order 5971-A/2024”) has been published to initiate the launch of a tender in the form of an electronic auction. The sale of the respective guarantees of origin is also included.

This measure aims to incentivize green hydrogen and biomethane projects, with an allocation of €140 million to be delivered over a 10-year period.

In this legal update, we present a brief description of the main aspects and practical recommendations to consider.

View document
May 29, 2024