Key Market Indicators
**Lithuania’s Hydro Power Consumption and Generation to Rise by 2028** Lithuania's hydro power consumption is projected to reach approximately 1,680 terajoules by 2028, marking a slight increase from around 1,640 terajoules in 2023. This represents an average annual growth rate of 0.4%. Since 1995, the nation's demand for hydro power has grown by an average of 1.1% per year. In 2023, Lithuania ranked 28th globally in hydro power consumption, narrowly trailing Ireland, which also recorded 1,640 terajoules. Leading the rankings were Sweden, France, and Italy, occupying the second, third, and fourth spots, respectively. Similarly, Lithuanian hydropower generation is set to match the consumption estimates, with projections indicating a rise to 1,680 terajoules by 2028 from 1,640 terajoules in 2023. This growth also reflects a compound annual growth rate (CAGR) of 0.4%. Since 1995, the country's hydro power supply has increased by 1.1% annually. In terms of hydro power generation rankings for 2023, Lithuania held the 28th position, with Ireland slightly ahead at 1,640 terajoules. Sweden, France, and Italy continued to dominate the top spots in this category as well.
