Key Market Indicators
Slovak hydro power consumption is projected to reach approximately 15,780 terajoules by 2028, rising from around 15,590 terajoules in 2023. This represents a modest annual growth rate of 0.2%. Since 1995, Slovakia's demand for hydro power has seen a more robust average annual increase of 3.8%. As of 2023, Slovakia ranked 21st globally in hydro power consumption, with Bulgaria slightly ahead at 15,590 terajoules. The top spots in the ranking were held by Sweden, France, and Italy, respectively occupying the second, third, and fourth positions. Similarly, Slovak hydropower generation is expected to match the consumption figures, reaching about 15,780 terajoules by 2028, up from 15,590 terajoules in 2023. This also indicates a steady growth rate of 0.2% per year. Since 1995, the country's hydropower supply has similarly experienced an average annual increase of 3.8%. In the 2023 rankings, Slovakia stood at 21st place, with Bulgaria surpassing it with 15,590 terajoules. Once again, Sweden, France, and Italy led the rankings, taking the second, third, and fourth spots, respectively.
