During the period from 2013 to 2015, Spain's run-of-river hydro power electricity production capacities remained at zero. A significant increase occurred in 2016, reaching 2520 Megawatts, which stagnated until 2017. From 2018 onwards, a steady upward trend emerged, with a minor increment of 0.2% in 2019 and a slightly higher growth of 0.12% in 2020. The progression continued through subsequent years, peaking at a notable year-on-year variation of 2.24% by 2023, reaching 2660 Megawatts.
The continuous growth trajectory is expected, with forecasted production capacities projecting an increase to 2950 Megawatts by 2028. The last five-year compound annual growth rate (CAGR) has been 1.11%, with future forecasts predicting an even more robust CAGR of 1.61% leading to a total growth rate of 8.3% over the next five years.
Future trends to watch for include the potential impact of technological advancements, changes in regulatory policies, and investment in renewable energy infrastructure. These factors can significantly influence growth trajectories and the capacity for future expansion in Spain's run-of-river hydro power sector.
