Energy Reports

Portugal energy report

Portugal energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Portugal energy market data.

Portugal energy report
Update: October, 2016
Format: 2 files (PDF report, Excel file)
Pages: 43 (Report only)
Delivery: Immediate by e-mail


Portugal energy market report offers an incisive and reliable overview of the energy sector in Portugal. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2015 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The State Secretary for Energy under the new Ministry of Economy (October 2015) is in charge of the country's energy policy and of supervising the energy sector. The Directorate General for Energy and Geology (DGEG) is a public entity that contributes to the...

  • Energy Companies


    Galp Energia dominates the oil market. It was created in 1999 by the Government in order to group together its stakes in the country's oil (Petrogal) and gas companies (Gas de Portugal and Transgas). Galp Energia's main shareholders are Amorim Energia (38.34%), and Parpublica (7...

  • Energy Supply


    Portugal does not produce oil, and in 20154 imported 18 Mt of oil (83% of which as crude oil). In 2015, the main suppliers were Angola (26%), Saudi Arabia (13%), Algeria and Kazakhstan (10% each).

    The country has a refining capacity of 330 kb/d (16.5 Mt/year) distributed in two refineries...

  • Energy Prices


    The prices of oil products were liberalised in 2003, resulting in a 70% increase in the gasoline price between 2003 and 2012 (diesel prices doubled over this period). Retail prices have been falling since then: in 2016, gasoline was 17% cheaper than in 2012 and diesel 24% cheaper.


  • Energy Consumption

    Consumption per capita is 31% lower than the EU average, at 2.1 toe, 4 500 kWh of which is electricity (19% below the EU average).



  • Issues & Prospects


    REN estimates that power consumption should rise by 0.9%/year between 2016 and 2025. Given this low growth prospect, several gas power projects have been cancelled, and the decommissioning of several old thermal power plants is being considered: Sines (coal) in 2017, Pego (coal) in 2021 and...

Download the Table of Contents

In the Portugal market report you will find the graphs mentioned below:

urce (TWh)

  • GRAPH 4: Power generation by source (2015, %)
  • GRAPH 5: Map of natural gas infrastructure
  • GRAPH 6: Gasoline & diesel prices (€/l)
  • GRAPH 7: Electricity prices for industry and households (€c/kWh)
  • GRAPH 8: Gas prices for industry and households (€c/kWh GCV)
  • GRAPH 9: Consumption trends by energy source (Mtoe)
  • GRAPH 10: Total consumption market share by energy (2015, %)
  • GRAPH 11: Final consumption market share by sector (2015, %)
  • GRAPH 12: Oil consumption (Mt)
  • GRAPH 13: Oil consumption breakdown by sector (2015, %)
  • GRAPH 14: Electricity consumption (TWh)
  • GRAPH 15: Electricity consumption breakdown by sector (2015, %)
  • GRAPH 16: Natural gas consumption (bcm)
  • GRAPH 17: Gas consumption breakdown by sector (2015, %)
  • GRAPH 18: Coal consumption (Mt)
  • GRAPH 19: Coal consumption breakdown by sector (2015, %)
  • In the Portugal market report you will find follow tables:

    • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
    • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
    • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
    • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
    • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator, Gas plant projects by status and operator and LNG contracts.

    The Portugal market data since 1990 included in the Excel file is given below.
    Historical evolution allows to easily work with the data.

    2015 Key Data included in the excelsheet:

    • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
    • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
    • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
    • Energy Balance: total and per energy.
    • Portugal Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Portugal energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

    Back to the market reports
    Secured payment by Banque Populaire des Alpes VISA MASTERCARD