The Energy Transition in Portugal

Portugal is rapidly becoming a central player in Europe’s energy transition, leveraging its growing lithium reserves, renewable energy potential, and commitment to green hydrogen. As the EU seeks to reduce its reliance on fossil fuels and strengthen its battery value chains, Portugal’s lithium extraction from spodumene and petalite, essential for electric vehicle batteries and energy storage, positions the country as a critical supplier. In addition to its focus on critical minerals, Portugal is also advancing its energy mix with investments in wind, solar, and geothermal power, aiming to achieve carbon neutrality by 2050. The country’s dedication to ESG principles is reflected in its environmental policies, aligning with broader EU sustainability goals. Portugal is also investing in energy infrastructure to enhance regional connectivity and security, particularly through natural gas and green hydrogen initiatives. Geopolitically, Portugal’s strategic location along key Atlantic shipping routes and its active role within the European Union, NATO, and other international organizations enhance its influence in energy and mineral supply chains. As Portugal strengthens its role in Europe’s clean energy transition, its rich mineral resources and commitment to sustainability place it at the forefront of Europe’s green revolution.