In line with peers, the performance of renewables (EDPr) disappointed. However, an increase in network tariffs and, above all, a strong rebound for the hydro assets offset this, allowing the Portuguese utility to meet expectations.
Asset rotation is well on track to expand geographic diversification, the element key to enabling EDP to achieve a solid quarter.
Positive view confirmed.
05 Nov 2021
9M 21: No wind? Networks and hydro provide back up
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
9M 21: No wind? Networks and hydro provide back up
- Published:
05 Nov 2021 -
Author:
Nicolas Bouthors -
Pages:
3
In line with peers, the performance of renewables (EDPr) disappointed. However, an increase in network tariffs and, above all, a strong rebound for the hydro assets offset this, allowing the Portuguese utility to meet expectations.
Asset rotation is well on track to expand geographic diversification, the element key to enabling EDP to achieve a solid quarter.
Positive view confirmed.