Northern Portugal is now starting to receive an economic boost. This is all down to the latest announcement- stating that a hydro powerplant is going to be established in the Douro Valley. Iberdola is commencing the build for three brand new dams. This would mean that power could be produced in the area and there is even going to be a pumped storage facility as well. Those who work in engineering jobs or even technical recruitment will know what a fantastic move this could be and it is going to take advantage of the fact that the water rises in Spain, before it flows over to Portugal. The development of the scheme is going to involve three core strategic undertakings.

After all, there is going to be a brand-new storage facility and there is also going to be a brand new capacity as well. This, combined with the fact that the pumped hydro is the only technology that is able to store large amounts of energy efficiently means that the whole project is very exciting to say the least. This just goes to show that the area is very focused when it comes to sustainable development and it also shows that people in the area are doing everything they can to really make the most out of the planet.

The three dams combined are expected to produce around 1,760 GWh and this is going to happen every single year. They are going to serve the Iberian market and they are estimated to create around 13,500 jobs when the construction phase begins. This is very exciting news and it is great for those who live in the local area as well as it means that the economy will surely benefit from this.