Hydro power gross electricity production in Belgium has shown fluctuating trends over the past decade. From 2013 to 2019, there was a notable decline, with 2019 witnessing a reduction of 9.67%. The year 2020 marked a slight recovery with an increase of 11.29%. However, from 2021 to 2022, the values again demonstrated minor fluctuations. By 2023, production stood at 114.16 thousand tonnes of oil equivalent, showing minimal growth of 0.065% year-on-year. The compound annual growth rate (CAGR) over the last five years was 0.31%, indicating a stable yet slow upward trend.
Looking ahead from 2024 onwards, the forecast suggests a steady production level with marginal annual increases, resulting in a five-year CAGR of 0.03% through 2028. This consistent pattern suggests that significant shifts in hydro power production are unlikely in the near term. However, potential influences could include technological advancements, policy changes, and climate-related impacts on water resources, which are critical for hydro power generation.