Key Market Indicators
Estonia's hydro power consumption is projected to reach 99 terajoules by 2028, up from approximately 92 terajoules in 2023. This marks an average annual growth rate of 1.2%. Since 1997, Estonia's demand for hydro power has surged by 11.2% annually. In 2023, Estonia ranked 35th in hydro power consumption, with Moldova slightly ahead at 92 terajoules. Leading the rankings were Sweden, France, and Italy, holding the second, third, and fourth positions respectively. Estonia's hydropower generation is also set to hit 99 terajoules by 2028, growing at an average annual rate of 1.2% from 92 terajoules in 2023. The nation's supply has seen a significant increase of 11.2% per year since 1997. In the same year, Estonia stood at the 35th spot for hydropower generation, with Moldova again ahead at 92 terajoules. Sweden, France, and Italy continued to dominate the top spots in the rankings.
