In 2023, the gross available energy from hydro power in the UK stood at 21.85 thousand terajoules. From 2024 onwards, the forecast indicates a consistent year-on-year increase in energy value: 22.06 in 2024, 22.27 in 2025, 22.48 in 2026, 22.68 in 2027, and 22.88 in 2028. This represents a steady 0.91% to 0.92% annual growth rate for each of the forecasted years. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 stands at approximately 0.94%.
Key future trends to watch for include technological advancements in hydroelectric power, potential government policy changes affecting renewable energy incentives, and the impact of climate change on hydroelectric power generation capacity. Additionally, monitoring shifts in energy consumption patterns and competitive renewable energy sources will be crucial.
