Analysis of the hydro power gross electricity production in Denmark indicates varying growth trends over the past decade. From 2013 to 2017, there were fluctuations, with production peaking in 2016 and experiencing a notable decline by 2017. The period from 2018 to 2023 showed a general decline, with slight increases in certain years, but ultimately diminishing to 14.95 GWh in 2023. Year-on-year variations highlight this trend, illustrating both positive and negative shifts, with an average annual change (CAGR) of 0.11% over the last five years.
The forecast period from 2024 to 2028 projects a continuous downward trend, with a forecasted 5-year CAGR of -2.41% and an overall forecasted decrease of 11.47% by 2028.
Future trends to watch for include advancements in hydro technology, environmental policies, and competition from other renewable energy sources, which may influence hydro power production in Denmark.