EDP (Energias de Portugal), Portuguese electric utilities company, has announced an investment of €1 billion in industrial projects focused on green hydrogen, renewables and energy storage to convert the thermal plants of Puente Nuevo (Malaga) and Los Barrios (Cadiz). The company hopes to increase its use of renewable energy to 100%, achieve decarbonisation, and reconvert the thermal power plants in process of closure with new projects.
This will eventually create 300 direct jobs and about a further 2,200 indirect jobs. In the meantime, this investment will enable a creation of 4,500 temporary jobs during the construction phase.
In 2012, EDP created about 335 jobs in Portugal.