The exploration of renewable energy sources had a strong growth in the last decade due not only to the growing awareness of climate change but also to the scarcity of the raw material used for electrical production (oil, natural gas and coal). Renewable energy sources increase the safety of energy supply and decrease external dependence.
Wind power
Galp Energia has an indirect stake in a wind power project to 49% (direct stake of 34%). This corresponds to 200MW of installed capacity, which is expected to be in place by 2013.
Construction of the 12MW Vale Grande wind farm, which started in the fourth quarter of 2010, is scheduled for completion in 2011.