The hydro power gross electricity production in the Netherlands has experienced significant fluctuations from 2013 to 2023. The year-on-year variation ranged widely, with sharp declines and surges. For instance, the production dropped drastically in 2017 and 2020 but recovered notably in 2021. As of 2023, it stood at 7.59 thousand tonnes of oil equivalent, marking a 7.63% increase over the previous year. The last five-year CAGR (Compound Annual Growth Rate) reflects a moderate rise of 4.05% despite intermittent downturns.
Future trends to watch for include:
- A slight decline in the forecasted production from 2024 to 2028, with an anticipated annual decrease rate (CAGR) of -0.43%.
- Potential impacts from climate policies and advancements in renewable energy technology, which could either bolster or suppress hydro power production.
- The role of hydro power amidst the broader energy transition in the Netherlands, which may focus more on wind and solar energies.