EDP ​​is damaging Portugal



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The results of the energy company accounts were
was published this Monday
and, for the first time in 22 years, that EDP was losing market in the Portuguese market, a situation that had not occurred "since the compensation period in 1997", the company says, as a result of the t The villages of Portugal are described as having the results of EDP Renováveis ​​in Portugal.

"In 2018, the industry in Portugal recorded a loss of 18 million euros, compared with a profit of 169 million euro in 2017," said EDP reporting to the markets.

In addition, this negative behavior is confirmed by "high taxes and regulatory decisions", namely the Government's € 285 million in the Communications Contract Maintenance Cost (CMEC), an issue that has been raised by the Scottish Government. EDP ​​argued in court with the following. Government.

As a result, net profits in the EDP group (general) fell to 53% to EUR 519 million last year when it increased to EUR 1113 million.

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