Forecast: Hydroelectricity Consumption in South Korea

From 2024 to 2028, hydroelectricity consumption in South Korea shows a slight declining trend. The values in Exajoules are as follows:

  • 2024: 0.028
  • 2025: 0.028
  • 2026: 0.027
  • 2027: 0.026
  • 2028: 0.026

Year-on-year variation (2025 vs. 2024): 0.0%
Year-on-year variation (2026 vs. 2025): -3.57%
Year-on-year variation (2027 vs. 2026): -3.70%
Year-on-year variation (2028 vs. 2027): 0.0%

CAGR (2024-2028): -1.82%

Future Trends to Watch

Future trends to monitor in South Korea’s hydroelectricity consumption include government policies on renewable energy, technological advancements in hydroelectric power, and competition from other renewable energy sources. Increased investments and innovations in alternative renewable sources may affect the stability or growth of hydroelectric consumption in the long term.

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