In 2023, Turkey's Hydro Power Gross Electricity Production stood at 6.48 Million Tonnes Of Oil Equivalent (Mtoe). The year-on-year variation shows slight growth of 4.43% compared to 2022. Over the previous year, a notable increase of 29.09% was recorded. Analyzing trends over the last five years reveals a Compound Annual Growth Rate (CAGR) of 4.7%, indicating consistent growth despite fluctuations in some years.
A look at the forecasted data suggests a steady increase in Hydro Power Production, expected to reach 7.07 Mtoe by 2028. The forecasted 5-year CAGR stands at 1.38%, showing a moderate growth rate.
Future trends to watch for include advancements in hydroelectric technology, government policies favoring renewable energy sources, and potential environmental concerns affecting hydroelectric plant operations. Monitoring these factors will be crucial for understanding and predicting future growth in Turkey's hydro power sector.