Renewable utilities supplied 88% of Portugal's electricity consumption in January, up from 52% a year earlier, as heavy rains and good wind and solar conditions allowed sharp reductions in use of gas-fired power plants, says grid operator REN. Portugal aims to generate 80% of its annual electricity usage from renewable sources by 2026. Heavy rains boosted hydro production, which supplied 51% of total consumption in January, while wind made up 28% and solar 4%. As a result, production of electricity through gas power plants fell 64%. Portugal has 8.8 GW of hydroelectric capacity, 13.3 GW of onshore wind and 3.1 GW of solar, together representing 87% of its total installed capacity.