Hydroelectricity generation in the APAC region has seen consistent growth from 2013 to 2023, with a noticeable incremental increase every year. The value recorded in 2023 was 1.95 thousand terawatt-hours. Year-on-year variations indicate a strong initial growth phase, peaking in 2014 with an 11.21% increase. However, growth slowed down gradually to a more modest 2.04% year-on-year increase by 2023. The compound annual growth rate (CAGR) over the last five years leading to 2023 stood at 2.46%.
For future trends, the forecast from 2024 to 2028 predicts a continued but modest growth, with a 5-year CAGR of 1.3%. Key points to monitor include:
- Technological advancements enhancing efficiency.
- Policy changes and environmental regulations impacting hydroelectric projects.
- Regional cooperation and investments in hydroelectric infrastructure.
Maintaining current and forecasting future growth depends heavily on these factors.
