The forecasted mean feed-in tariff for small hydro energy in the UK from 2024 to 2028 shows a steady increase from $0.085 to $0.094. Compared to the actual data available in 2023, this represents a consistent upward growth. From 2024, the year-on-year variation grows steadily, with each subsequent year experiencing a percentage increase. Over the five-year forecast period, we observe a compound annual growth rate (CAGR) that indicates a moderate but stable growth trajectory.

Future trends to watch for:

Potential policy changes or government incentives that could impact tariff rates.
Technological advancements leading to cost reductions in hydropower generation.
Market dynamics such as shifts in energy demand or developments in competing renewable energy sources.