The production capacity of pure hydro power electricity in Spain has shown steady growth from 12.77 thousand megawatts in 2013 to 13.87 thousand megawatts in 2023. Between 2013 and 2023, the compound annual growth rate (CAGR) was around 0.3%. Recent years show an increase, with a year-on-year growth rate of 0.55% in 2022 and 0.54% in 2023. Future capacity projections indicate continuous growth, reaching 14.23 thousand megawatts by 2028 with a forecasted CAGR of 0.41% for the next five years.
Future trends to watch for include:
- Technological advancements in hydroelectric power generation.
- Policy changes and government incentives related to renewable energy.
- Environmental concerns impacting water resources and hydroelectric potential.
