Investor Presentation
Recovery of hydro generation after a very weak 1H22; hydro reservoirs
above average, presenting good prospects for the next months
Recovery of hydro generation in 2023
Hydro reservoir levels still above average
Reservoir levels in Portugal (%)
Iberia Avg. Elect.
Spot Price (€/MWh)
206
Hydro coefficient -
Portugal
34%
Hydro generation (TWh)
>
>
2.8
1H22
88
100
79%
80
+68%
60
60
4.7
40
40
1H23
20
Jan/23
Mar/23 May/23
Jul/23
Sep/23 Nov/23 Dec/23
- 20231
Avg. 2013-2021
2022
Range 2013-2021
edp
Strong rainfall recovery in 1Q23, leading to a +68%
increase in generation YoY
Hydro conditions in 2Q23 slightly below average after a
strong first quarter
Hydro reservoir levels at ~80% as of today, close to the
maximum of the last ten years for this time of the year and
substantially above 2022 levels
1. Reservoir levels until July 17th, 2023
Investors' Presentation
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