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Intro
Executive Summary
Investing in Green Hydrogen in Portugal
Facing a world of continuous overlapping disruptions and rising uncertainty, hydrogen has
gained traction in government strategies, business plans and the media for its potential to
reaching net zero.
Portugal assumed the objective of achieving Carbon Neutrality by 2050. Portugal presents very favorable and competitive conditions to
produce green hydrogen and for the development of hydrogen-based zero-emission value chains for the domestic market and for
export. Portugal has favorable geographical location, high and increasing penetration of renewables in its electrical system, competence
of its industrial sector, excellence of its human resources in the engineering area, competitive advantage in terms of the production of
renewable electricity at low cost, and a modern gas infrastructure. In 2030, Portugal will be one of the seven countries that will contain
bidding zones at or above the 90% share of renewables, according to delegated act for the production of renewable fuels of nonbiological
origin (RFNBO), meaning that will be an early exporter of renewable hydrogen.
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