EDPR at a Glance
FY23 Results & Updates
2023 generation penalized by below average wind volumes in the US
due to cyclical El Niño, with a gradual recovery expected over 2024
Below average wind resource in the US with a ~€0.2bn negative impact on EBITDA
EDPR North America renewable index deviation
(%)
EDPR's portfolio wind resource deviation from the LTM avg. for the last 15 years
(%)
edp
Renewables
6%
2%
13%
2022 2023
10%
5%
4%
'
-1%
0%
-6%
-7%
-8%
-5%
1Q
-12%
2Q
-12%
3Q
4Q
FY
Clear extraordinary impact in North America from
Apr23 until Dec 23 from El Niño weather event
For 2024, based on analogue years, NA wind
generation index is expected to progressively
recover over the year to normalized levels
-10%
Europe
North America
5
EDPR
Slope
El Niño
P50
CO
LT avg.
Historical data shows that the long-term average of renewable resource deviations is zero
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