The trend in Austria's hydro power energy supply has shown fluctuations between 2013 and 2023 with a significant dip in 2015 and subsequent recovery efforts thereafter. Notably, 2023 saw a minor increase to 40.51 Thousand Gigawatthours. The year-on-year variation in recent years highlights this fluctuation, with 2021 marking a notable decrease of 7.73% followed by a recovery of 4.05% in 2022 and a modest rise of 0.46% in 2023. The CAGR from 2019 to 2023 stands at 1.48%, indicating a slow but steady upward trend.
Looking forward to the forecasted data from 2024 to 2028:
- A gradual increase is predicted, reaching 41.42 Thousand Gigawatthours by 2028.
- Forecasted annual growth remains stable at a 5-year CAGR of 0.35% from 2024.
Future trends to watch for include the integration of advanced hydro technologies and potential policy shifts aimed at bolstering renewable energy sources. Climate change impacts and water resource management will also play crucial roles in shaping the supply dynamics.
