July 1, 2008

Portugal to Build Hydroelectric Dam in North

Excerpt from report by Portuguese newspaper Diario de Noticias website on 1 July

The Portuguese government is increasingly determined to make the most of the country's hydroelectric potential and is committed to renewable energy. Yesterday, in Picote, Miranda do Douro [northeast], the government and EDP [Portuguese electricity company] signed the contracts for the construction of the Baixo Sabor hydroelectric dam and for increasing the Alqueva hydroelectric dam's power.

The Baixo Sabor dam will require a 359m euro investment and it will have a 170MW capacity. It is expected to start producing energy in 2013. The boosting of the Alqueva power will require a 149m euro investment to produce 260MWs and is expected to start production in 2010.

Prime Minister Jose Socrates stressed that these investments are important to boost the national and regional economies. "This investment is an opportunity for Tras-os-Montes [north], one of the regions which most lacks investment," Socrates said. "Investment in hydroelectric power is a national strategic energy choice to give us more autonomy," he stressed. [Passage omitted]

Originally published by Diario de Noticias website, Lisbon, in Portuguese 1 Jul 08.

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