Portugal’s energy transition plan projects €134 million in sales
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The Alliance for Energy Transition (ATE) in Portugal expects its projects to generate €134 million in sales and €96 million in exports by 2028.
The ATE involved 77 businesses and scientific institutions in developing solutions for the energy sector. These efforts resulted in 68 assets, including products, services, and prototypes, with 29 products already ready for the market. Approximately 30% of the developed solutions are currently available or scheduled to launch commercially.
These technologies focus on areas like smart grids, electric mobility, and intelligent energy management. The ATE estimates these initiatives could prevent over 76,000 tons of CO2 emissions through efficiency, renewable integration, and circular economy principles. During the project, ATE hired 834 professionals, with 65% working in science and technology and 35% in companies. These new positions concentrated on fields like engineering, artificial intelligence, and data science. The research also produced 219 scientific articles, 51 theses, and 15 patent applications.
The program received a total of €254 million in funding, including €153 million from the European Union’s Recovery and Resilience Plan, aiming to improve Portugal’s energy sector competitiveness.
