Energy Markets
Portugal chooses four locations for overseas wind farms, prepares auction
Portugal's government has authorized 4 areas in the Atlantic Ocean where overseas wind farms can be set up, moving a step more detailed to launching the initially licensing auction of offshore capacity, which it plans this year. 2 of the areas are off the coast of Viana do Castelo in northern Portugal, one near the port of Leixoes also in the north, and another off Figueira da Foz in the central region. These locations have the best natural conditions for the setup of parks for the production of ocean-based energy, the federal government stated in a declaration late on Thursday....