Study finds bureaucracy blocks energy transition investment in Portugal

A study by the RAISE-PT project, based on 100 surveyed entities, finds that bureaucracy and slow project approvals are the main obstacles to financing Portugal's energy transition, cited by 64% and 51% of respondents respectively. While over 80% of organisations consider the transition a priority, only 69% actually invested in it over the past three years, with microenterprises and non-profits facing the greatest constraints. Own capital remains the dominant funding source, and 74% of entities are unaware of or do not use alternative financing models like renewable energy communities or crowdfunding. Project leaders call for urgent administrative simplification.