EDP increased its electricity production by 4% in the first quarter to 19 Terawatt-hours (TWh), driven by wind and solar generation. Renewables accounted for 91% of total output, according to the company. The increase in hydro and wind production, following successive storms since late January, contributed to a significant rise in renewable output and a 48% decrease in the average electricity price on the Iberian Peninsula. Reservoir levels reached 94% by the end of March, a 10-year record for this time of year, which the company expects will support flexible generation business performance in the coming quarters.