Hydropower production in Belgium demonstrated fluctuations in output from 2013 to 2023. In 2023, the value stood at 1.05 Thousand Terajoules, nearly matching the previous year's data, indicating a slight year-on-year increase of 0.9%. Notable variations over the last decade include significant drops in 2014 and 2017, followed by rebounds in the succeeding years, including a substantial 56.65% increase in 2021. However, the production reverted to a decline in the consecutive years. The five-year CAGR from 2019 to 2023 was essentially flat at -0.005%.
Forecasts for 2024 and beyond suggest a gradual decline, with a projected five-year CAGR of -1.15%, indicating a steady decrease through 2028. Trends to watch for include technological advancements in hydroelectric power, policy changes affecting renewable energy investments, and potential impacts of climate change on water resources.
