The forecasted hydroelectricity generation in the Philippines for 2024 to 2028 shows a steady increase in value from 9.62 TWh in 2024 to 10.02 TWh in 2028. As of 2023, the value was 9.52 TWh, indicating a consistent year-on-year growth of approximately 1% over the forecast period. Analyzing the trend from 2018 to 2023, we can observe that the hydroelectricity generation has exhibited a Compound Annual Growth Rate (CAGR) of around 0.83%.
Future trends to watch for:
- Advances in hydroelectric technology and infrastructure development.- Government policies and incentives promoting renewable energy sources.- The impact of climate change on water resources and hydroelectric output.- Investment from private sectors and international organizations.
