REN Says Renewables Supply 62% of Portugal's Electricity Consumption in First 10 Months

• REN reports renewables supplied 62% of Portugal's electricity consumption in the first 10 months of the year.
• Electricity consumption rose 3% year over year, or 2.5% adjusted for temperature and working days.
• Net electricity imports covered a record 24% of consumption for the period; natural gas generation supplied 14%.
• October renewable generation met 47% of electricity consumption, while net imports accounted for 40%.
• Natural gas consumption fell 20.5% year over year in October, bringing the first 10 months' decline to 1.8%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. REN - Redes Energéticas Nacionais SGPS SA published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.