Hydropower gross electricity production in Belgium is forecasted to see a consistent decline from 1.23 thousand GWh in 2024 to 1.15 thousand GWh by 2028. The production figures for 2023 stood at 1.25 thousand GWh, setting a baseline for the subsequent year's forecasts.
Year-on-year, we observe a decrease in electricity production:
- 2024: -1.6% from 2023
- 2025: -1.6% from 2024
- 2026: -1.6% from 2025
- 2027: -1.7% from 2026
- 2028: -1.7% from 2027
The compound annual growth rate (CAGR) over the next 5 years stands at approximately -1.7%.
Future trends to watch for include advancements in hydroelectric technological efficiency and potential policy changes regarding renewable energy incentives which could impact production levels. Additionally, climate change and its influence on water availability could alter hydroelectric production dynamics.