Forecast: Hydro Power Electricity Generation in China

The actual hydro power electricity generation in China stood at 15.19 hundred billion kilowatt-hours in 2023, reflecting a consistent growth trend. Analyzing the year-on-year (YoY) variation, we observe a growth rate of 3.67% in 2023. The compound annual growth rate (CAGR) for the past five years (2018-2023) stands at 4.28%, suggesting moderate yet sustained growth in electricity generation.

The forecast for hydro power electricity generation indicates further gradual growth. From 2024 onwards, the expected YoY variations stabilize around 3% to 4%, with the CAGR for the next five years forecasted at approximately 2.51%, leading to an estimated 17.79 hundred billion kilowatt-hours by 2028.

Future trends to watch for include:

• Government policies and investments in hydroelectric infrastructure.
• Technological advancements in hydro power generation and efficiency.
• Impact of environmental regulations and climate change on hydro power generation capacity.
• Shifts in energy mix favoring renewable sources in China's energy strategy.