The hydroelectricity generation in Belgium stood at 0.33 Terawatthours in 2023. Over the past decade, the sector exhibited significant fluctuations with a notable increase in 2021 with a year-on-year variation of 56.55%, and a marked decrease in 2017 and 2022 at -27.03% and -24.4%, respectively. The last two years saw variations of -24.4% in 2022 and a recovery of 4.43% in 2023. The average annual growth for the past five years (CAGR) is 2.48%. The forecasted values from 2024 onwards predict a stable trend at 0.33 Terawatthours, indicating a flat growth with a zero percent CAGR.
Future Trends to Watch For:
- Potential shifts in energy policies focusing on renewable sources.
- Technological advancements in hydroelectricity generation.
- Climate change impacts on water resource availability in Belgium.
- Government and private sector investment in modernizing hydroelectric infrastructure.
- EU regulations and policies influencing renewable energy mix.
