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Asked about tax rises on the Treasury Committee at present, Mr Norman , the Financial Secretary to the Treasury, cited the Office for Budget Responsibility, which final November produced three eventualities for the UK economy, optimistic, central and pessimistic. EDP shares closed Tuesday's trading at 5.32 euros, near record highs compared to around 3 euros in March final year, when the pandemic worsened in Portugal and internationally. President-Elect Joe Biden's "reinforced ambition within the renewables" represents a "very large opportunity for EDP". LISBON, Jan 19 (Reuters) - Portugal's largest utility, EDP , is making ready a strategic plan with strong investments in renewable energy to spice up international development by 2025, seeing the new Biden administration as a possibility to expand within the United States. Details of the new strategic plan could be announced as early as next month, Stilwell de Andrade mentioned, including he predicts growth in photo voltaic power, in addition to in on-shore and off-shore wind energy tasks. Stilwell de Andrade stated U.S. Conservation teams, including Columbia Riverkeeper, the Sierra Club and the middle for Biological Diversity, have been steadfast in their opposition.