Who we are

REN

Energy and Infrastructure

REN – Redes Energéticas Nacionais is the company responsible for ensuring the uninterrupted supply of electricity and natural gas in mainland Portugal. There are more than 700 people working every day to achieve this mission, carried out in a transparent, objective, and economically efficient way and with a strong commitment to sustainable development.  

 

REN acts in accordance with the energy goals of the European Union, helping the planet combat climate change, without forgetting the security and quality of energy supply, which is increasingly generated from renewable sources. 


sustainability

A commitment that goes beyond the mission

This commitment means that all REN activities take into account sustainability principles and comply with strict and verifiable criteria. There is a permanent demand on the quality and safety of the service, and also on the positive impact that REN wants to have on the communities and ecosystems where it works. 

Desenvolvimento
Timeline

REN has 75 years of history as Portugal's largest electrical infrastructure company

1947

Foundation of CNE (National Electricity Company)

1994

Foundation of REN – Rede Eléctrica Nacional, S.A. (EDP’s business unit spin-off)

2000

Electricity 50-year concession (2000-2050) Portuguese State 70% ownership

2006

Acquisition of natural gas transmission assets to Galp Natural gas 40-year concession (2006-2046)

2007

1 st reprivatization phase (IPO) Electricity concession period renewed (2007-2057)

2012

2nd reprivatization phase (State Grid of China 25%; Oman Oil 15%) Acquisition of a 7.5% stake in Hidroeléctrica de Cahora Bassa (HCB) in Mozambique

2014

2nd reprivatization phase concluded (sale of Portuguese State’s 11% stake)

2015

Acquisition of Galp NG underground storage assets

2017

Acquisition of 42.5% of Electrogas in Chile (gas transmission) Acquisition of gas distribution company Portgás (2008-2048 concession period) and REN capital increase

2019

Acquisition of Transemel in Chile (electricity transmission)

2021

Issuance of REN’s First Green Bond (€300M)

2022

Transemel was awarded two new concessions (Buenavista and Buli)

2023

Transemel was awarded one new concession (Las Delícias)

ENERGY AND INFRASTRUCTURE

Development and Investment Plan 

REN – Redes Energéticas Nacionais is responsible for the transmission of very high voltage electricity and for the overall technical management of the National Electric System (SEN). REN operates the National Transport Network (RNT), which connects generators to consumption centers and the Spanish network, ensuring a balance between demand and supply of energy. 

The concession granted by the Portuguese State also includes the planning, construction, operation and maintenance of the RNT, also covering the overall technical management of the SEN, in order to ensure the harmonized functioning of the infrastructures that comprise it, as well as the continuity of service and security of electricity supply. 

Electricity

Development and Investment Plan for the Electricity Transmission Grid

Every odd-numbered year, REN presents a proposal for planned investments (Development and Investment Plan for the Electricity Transmission Grid [Plano de Desenvolvimento e Investimento da Rede de Transporte de Eletricidade] – PDIRT), which seeks to schedule future investments in the grid, currently very focused on energy transition and on the electrification of the economy.  

This PDIRT proposal is evaluated by the Portuguese Directorate-General of Energy and Geology (DGEG), and its revision is the responsibility of the Portuguese Energy Services Regulatory Entity (Entidade Reguladora dos Serviços Energéticos – ERSE). After a public consultation period, ERSE gives its opinion, from which REN draws up the final PDIRT proposal, sending it back to DGEG. The plan is then sent to the Government for decision. 

Investment in the Electricity Transmission Grid 

The investments in the Portuguese National Transmission Grid (NTG) defined in the PDIRT have taken into account the increase in energy consumption at a national level and the need to carry out the energy transition and the electrification of the economy. In recent years there has been an increase in renewable energy generation, so investments in the NTG have focused on transmitting that renewable energy to consumption centres. More recently, there has been a significant increase in interconnection capacity between Portugal and Spain as part of the development of the Iberian Electricity Market. 

Gas

Development and Investment Plan for the Natural Gas Grid

By the end of the first quarter of each odd-numbered year, REN must submit a proposal for the Development and Investment Plan for the Natural Gas Grid (Plano de Desenvolvimento e Investimento da Rede de Gás Natural – PDIRGN) to the Portuguese Directorate-General of Energy and Geology (DGEG). The final version, accompanied by the opinion of the Portuguese Energy Services Regulatory Authority (ERSE) and the results of the public consultation, will be submitted to the Government for approval. 

Energy and infrastructure 
Discover our energy network

REN Awards and Recognition

REN continues to be recognized in its various areas of activity, with national and international awards


Newsletter

Receive all the details of the operation,
trends and news we share
with all the energy.

Frequency *
0:00
/
0:00