REN Portgás unveils its 2027–2031 Investment Plan to boost regional development

REN Portgás, a company wholly owned by REN – Redes Energéticas Nacionais, which operates the gas distribution network in the districts of Porto, Braga and Viana do Castelo, yesterday presented its 2027–2031 Investment Plan, as part of the ‘Energy and Cohesion’ Conference Cycle, which took place at the Polytechnic Institute of Viana do Castelo.

Following consultation with stakeholders, the formal submission of the Plan’s initial proposal to the Directorate-General for Energy and Geology (DGEG) and the Energy Services Regulatory Authority (ERSE) took place on 30 April.

According to Nuno Fitas Mendes, Managing Director of REN Portgás, “the company aims to establish itself as a partner in promoting regional economic development and ensuring that households have access to natural gas on affordable terms. Viana do Castelo is a clear example of how, when parties have common interests, it is possible to develop constructive proposals that serve everyone’s interests.”

The public consultation on the 2027–2031 Investment Plan, organised by ERSE, will take place between June and July. This will be followed by the drafting of the respective report in August and the issuance of opinions by the competent authorities between September and October. The final proposal is expected to be submitted to the DGEG between December 2026 and January 2027, with the process concluding with a hearing in the Assembly of the Republic and approval by the Government.

The presentation of this Plan took place as part of the “Energy and Cohesion” Conference Cycle, an initiative aimed at promoting reflection on the impact of the current challenges facing the energy sector in the Northern region. The cycle also includes two complementary sessions, dedicated to Industry, on 9 June in Braga, and to Competitiveness, on 18 June in Porto.