Pedro Silveira Borges analyses the current energy crisis and the challenges for Portugal in an interview to Leaders League

NEWS AND EVENTS 14 Dec 2021

Pedro Silveira Borges, partner in SÉRVULO's Corporate, Commercial and M&A department, analyses the context given the current energy crisis and talks about the challenges for foreign investment in Portugal. During the interview to Leaders League several topics were addressed, such as: the consequences of Covid-19 for projects in the sector, foreign investment in rural areas, the limitations to the renewable energy sector in the Iberian Peninsula and the regulatory changes that have recently occurred in Portugal and their effects on the renewable energy sector. 

On the latter, Pedro Silveira Borges said that "Portugal has seen significant changes in renewable energy legislation [...] In fact, securing grid capacity has become the first milestone of any renewable energy project. This has clarified and given more certainty to the execution of projects. Within this context, one of the most important changes is renewable capacity auctions. Legislation has also tried to reduce administrative red tape, which we expect will continue to be addressed in new legislation to be approved in the future. We have also seen more legislation on self-consumption and green hydrogen, so as to enable further investment in these two areas of the renewable energy sector". 

Read the full interview here.