portugal aims to develop industrial activities linked to the renewable technology sector and to become a net exporter of such technologies especially wind and solar power an industrial cluster linked to wind power has been developed with a budget of eur million involving the creation of approximately direct and indirect jobs iea a the principal instrument for promoting renewable electricity in portugal is the socalled special regime production pre whereby renewablebased power benefits from a feedin tariff ie an abovemarket price at which electricity is sold to the grid the tariffs are based on a complex formula that takes account of the technology environmental aspects and the inflation rate they include minimum and maximum levels according to the variations of the load on the grid and are guaranteed for a fixed period typically years and up to a certain production threshold iea a