Business Strategy Execution
Governments are joining forces to foster renewables growth, while context
of high energy prices pushes for additional regulation in EU countries
IRA represents unprecedented US
commitment on climate, aiming to
reduce carbon emissions by more than
40% in by 2030
Scenarios of price stabilization and
regulation from European governments
LT growth supported by RepowerEU
edp
Expansion and extension of PTCs and ITCs
with 10+ years of full-value credits visibility
adjusted for inflation
>
New tax credits implemented for clean
hydrogen and storage facilities
>
Context of high energy prices increases political
intervention risk in windfall taxes/price caps in
Italy, Poland and Romania
Repower EU measures to foster renewables growth
already being developed in some member states
Easter
Package
SIMPLEX
Energy
Decree
~$600bn
Investment in
renewable power
+0.5m ~320-480 GW
Number of jobs
created
Build in the US from
2023 to 2030
EDP is already present in 12 European Markets,
covering ~90% of EU Solar PV growth and 82%
of EU wind growth
Business Strategy Execution
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