Endesa increases its market share in Portugal

The company reinforces its position as the second operator in the country with more than 600.000 clients between individuals and companies.

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Endesa continues to increase its market share in Portugal, both in electricity and natural gas, and reinforces its position as the second operator in the country with more than 600.000 clients between individuals and companies. According to data published by the Regulatory Entity of Energy Services (ERSE) Relative to the month of January of this year (latest official data available), Endesa has exceeded for the first time the objective of 10% market share in the residential segment and has reached 10,4%, seven tenths more than in the month former.

According to data from the Portuguese regulatory body, this growth trend is reinforced by the fact that nearly 50% of the clients who changed suppliers last January chose Endesa, which places the company as the marketer that largest number of clients acquired in that period.

Endesa is the first electricity company in Spain and the second in Portugal

In relation to the residential segment, Inês Roque, Residential and B2C Business Director of Endesa in Portugal, states that reaching 10,4% of the quota “reinforces Endesa's commitment to our customers. "Our strategy is based on transparency, digitalization and innovation, and we want to be a clear alternative for Portuguese consumers."

For its part, Juan Caturla, Director of International Clients of Endesa of the B2B business segment, highlights that the "increase in our market share in small businesses is up to 21,6% and we have also strengthened our position in industrial clients up to 23,6%."

Endesa's commitment to Portugal was also reinforced a few days ago after winning the Just Transition Competition in Pego, an ambitious and innovative plan that combines renewable sources and their storage in what will be the largest battery in Europe. Located in the Abrantes region, this project, on which the company is already working, hybridizes renewable technologies, storage and green hydrogen, all with a high social component and which will involve an investment of 600 million euros.