The hydro power gross electricity production in Italy displayed fluctuations between 2013 and 2023, with peaks in 2014 and a significant drop in 2015. The values stabilized with minor ups and downs from 2018 onward, reaching 174.3 thousand terajoules in 2023. The year-on-year variation over the last two years indicated a marginal rise of 1.77% in 2022 and 0.19% in 2023. The 5-year CAGR from 2019 to 2023 was a slight decline of -0.84%.
Looking forward, the forecasted data from 2024 to 2028 suggests a steady but minimal increase in production, with an average annual growth rate of 0.15%. By 2028, the forecasted production is expected to be 175.92 thousand terajoules, reflecting a 0.75% growth rate over the 5-year forecast period.
Future trends to watch for include:
- Potential impacts of climate change on water availability impacting hydro power production.
- Technological advancements in hydro power efficiency and storage solutions.
- Government policies and incentives aimed at boosting renewable energy sources.