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Investors' Presentation

The energy of the future will be electric, clean, affordable and reliable, requiring an unparalleled renewables growth Unprecedented growth North America + Europe + LatAm Renewables additions p.a., GW Cost competitive LCOE decrease in 2030 vs. 2019 edp renewables ~40 2x ~80 250-300 2019 forecast¹ Today's forecast¹ 1.5°C estimate² Solar PV Onshore wind -35% -20% Below wholesale electricity price Offshore wind³ -55% 1. IHS market forecast in 2019 for 2019-22, and in 2020 for 2021-25 2. Top-down assessment based on world's capacity needed to reach net-zero emissions in 2050 Bottom-fixed 3. Source: McKinsey, EnergyData & IRENA 2030 Report; OECD Investing in Climate, Investing in Growth Report 2019 Around wholesale electricity price Investors' Presentation 7
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