In 2024, Spain's hydro power gross electricity production is projected to stand at 116.69 thousand terajoules, a slight decline compared to the previous year. The forecasted values indicate a steady decrease over the next five years: 116.05 in 2025, 115.41 in 2026, 114.78 in 2027, and 114.16 in 2028. This represents an annual reduction of approximately 0.55% from 2024 to 2028.
The year-on-year variations demonstrate consistent, though marginal, declines each year. Comparing figures over the last two years shows perpetually diminishing production levels, reinforcing a consistent downtrend. The compound annual growth rate (CAGR) from 2024 to 2028 further quantifies the annual average decline, emphasizing the long-term nature of this reduction.
Future trends to watch for include potential impacts from climate change on water resources, technological advancements in hydroelectric power efficiency, and shifts in energy policy that may influence investment and operational strategies within Spain's renewable energy sector. Monitoring these trends will be crucial in understanding the long-term trajectory of hydro power in the region.