Key Market Indicators
Czech hydro power consumption is projected to rise to approximately 9,150 terajoules by 2028, up from around 8,350 terajoules in 2023. This signifies an average annual growth rate of 1.5%. Since 1995, the Czech Republic has seen a notable increase in demand, averaging a 7.3% rise each year. As of 2023, the nation ranked 23rd globally in hydro power consumption, with Latvia slightly ahead, also at 8,350 terajoules. In the same ranking, Sweden, France, and Italy took the second, third, and fourth positions, respectively. Regarding hydro power generation, the Czech Republic is on a similar trajectory, expected to reach roughly 9,150 terajoules by 2028 from about 8,350 terajoules in 2023. This also translates to an annual growth rate of 1.5%. Since 1995, the country's hydro power supply has surged by an average of 7.3% annually. In 2023, the Czech Republic held the 23rd spot, while Latvia surpassed it with the same figure of 8,350 terajoules. Sweden, France, and Italy maintained their respective positions as the second, third, and fourth largest producers.
