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Strategic Forum for Important Projects of Common European Interest Brussels, 18
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To strengthen the competitiveness of the Portuguese industrial value chain and innovation ecosystem in batteries and energy storage technologies, through the development and transfer of new sustainable and disruptive technologies to the global market.
To promote the national value chain and innovation ecosystem in the international market for energy storage technologies and materials, positioning Portugal as a reference space for innovation in batteries.
To build, energize, and lead a new ecosystem composed of academic, technological institutions, industries, and associations from directly and indirectly related sectors within the value chain of energy storage systems and batteries.
To create synergies among different stakeholders in the value chain, promoting the development and implementation of new battery and energy storage technologies with a lower environmental footprint, greater sustainability, and optimized performance for applications in sectors such as mobility, stationary storage, consumer electronics, and support systems.
Promote the national strategy for a sustainable energy transition by encouraging the adoption of new disruptive energy storage technologies, and the promotion of new high-performance and sustainable solutions for the global market.
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BiggBatt, a 150 MW battery project to be located next to the Ribatejo power plant (Portugal) has been one of the European projects selected by the Innovation Fund
The European Comission through the Innovation Fund program has recognized the innovative character of EDP''s project to build one of the largest battery systems in Europe connected to a combined cycle power plant. This recognition reinforces the group''s global leadership in the energy transition and the potential of the Iberian Peninsula in this decarbonization process.
The BiggBatt project consists of the installation of 150 MW of storage batteries in Carregado, next to the Ribatejo combined cycle power plant. By taking advantage of existing infrastructures, it demonstrates not only the optimization of resources, but also the feasibility of scalable, flexible and innovative solutions to reduce emissions. Today, storage systems are essential to ensure the energy transition and renewable energy storage brings flexibility to the electricity system.
The European Innovation Fund, managed by the European Commission, is one of the largest and most competitive public funding instruments to support the development of innovative low-carbon technologies. As such, it is key to meeting the European Union''s decarbonization commitments and supporting the strategic vision of a Europe capable of achieving carbon neutrality by 2050.
EDP has already counted on the GreenH2Atlantic (Portugal) and Asturias H2 Valley (Spain) projects in previous editions of this fund. BigBATT, the only Portuguese project selected by the fund in this edition, is also the only storage initiative approved in medium and large-scale applications. This project will benefit from EDP''s experience in the development of energy infrastructures and will use the most advanced battery technology from market leaders.
The battery, with a capacity of at least two hours, will be build and operated near the Ribatejo combined cycle power plant, thus providing a reliable and efficient mechanism for storing surplus renewable energy during off-peak periods and supplying it during peak demand periods, reducing the use of gas. This has a double advantage: on the one hand, it optimizes renewable production and, on the other, it contributes to the stability and reliability of the power grid.
The project will contribute to significantly reducing CO2 emissions by storing and supplying renewable electricity to the grid, improving the overall efficiency and environmental sustainability of the energy production system.
Battery energy storage systems play a crucial role in the energy transition, responding to some of the main challenges associated with the integration of renewable sources into the energy mix, such as storing surplus energy produced during peak hours and using it to maintain a stable supply. EDP is firmly committed to the investment and development of these storage projects, given their importance in accelerating the energy transition on a global scale. The group''s objective, defined in its 2023-26 Business Plan, is to reach a storage capacity of more than 500 MW worldwide.
We are a global leading company in the energy sector.
BigBATT, a 150 MW battery project that will be located next to the Ribatejo power station in Portugal, was one of the European projects selected by the Innovation Fund.
The European Commission, through the Innovation Fund programme, has recognised the innovative nature of EDP''s project to build one of Europe''s largest batteries connected to a combined cycle power station. This recognition reinforces the group''s global leadership in the energy transition and the Iberian Peninsula''s potential in this decarbonisation process.
The BigBATT project involves installing 150 MW of storage batteries in Carregado, next to the Ribatejo combined cycle power station. By taking advantage of existing infrastructures, this demonstrates not only the optimisation of resources but also the viability of scalable, flexible, and innovative solutions to reduce emissions. Today, storage systems are essential to ensure the energy transition, and the storage of renewable energies provides flexibility to the electricity system.
The European Innovation Fund, managed by the European Commission, represents one of the largest and most competitive public funding instruments to support the development of innovative low-carbon technologies. It is, therefore, key to meeting the European Union''s decarbonisation commitments and supporting the strategic vision of a Europe capable of achieving carbon neutrality by 2050.
EDP has already seen the GreenH2Atlantic (Portugal) and Asturias H2 Valley (Spain) projects included in previous editions of this fund. BigBATT, the only Portuguese project selected by the fund in this edition, is also the only storage initiative approved in medium and large-scale applications. This project will benefit from EDP''s experience in developing energy infrastructures and will use state-of-the-art battery technology from market leaders.
The battery, with a capacity of at least two hours, will be built and operated close to the Ribatejo combined cycle power station, thus providing a reliable and efficient mechanism for storing surplus renewable energy during off-peak periods and supplying it during peak demand periods, reducing the use of gas. This has a double advantage: on the one hand, it optimises renewable production and, on the other, it contributes to the stability and reliability of the electricity grid.
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