In 2023, South Africa's hydroelectricity consumption stood at 0.025 Exajoules. According to the forecasted data, the consumption levels are expected to remain constant at 0.025 Exajoules from 2024 through 2026. A slight increase is anticipated in 2027 and 2028, rising to 0.026 Exajoules. The year-on-year variation indicates stability for the first three years, followed by a 4% increase in 2027 and maintained in 2028. The Compound Annual Growth Rate (CAGR) over the period from 2024 to 2028 is low, pointing towards gradual growth.
Future trends to watch for:
- Potential governmental policy changes aimed at enhancing renewable energy sources.
- Technological advancements improving the efficiency of hydroelectric power plants.
- Investments in infrastructure that may contribute to higher consumption levels.
- Climate change impact on water availability, influencing hydroelectric generation capacity.
