From 2013 to 2023, Denmark’s hydro power production exhibited significant fluctuations, peaking in 2016 at 1.66 thousand tonnes of oil equivalent. Despite an initial growth phase, post-2016 has seen a decline, influenced by varying year-on-year percentage changes ranging from improvements like 19.32% in 2015 to downturns of -16.85% in 2018. As of 2023, hydro power production stood at 1.29 thousand tonnes of oil equivalent. The CAGR over the last five actual years is a modest 0.11% reflecting recent stability albeit with a slight recent downward trend.
Looking forward to 2028, projections forecast a continued decline with an average annual decrease of 2.4%, culminating in an overall reduction of approximately 11.45% over the forecast period. Key future trends to watch for include potential policy changes, advancements in renewable technologies, and the impact of climate change on water resources, which could further influence hydro power production dynamics.
