In 2023, Norway led Europe's hydro power sector with a substantial share of 26.61 thousand tonnes of oil equivalent, underscoring its dominance. Sweden and France followed with 12.52 and 11.21 respectively. Estonia showcased the biggest growth at 11.2% year-on-year, while Ukraine declined by 8.35%. Countries like Slovakia, Poland, and the Netherlands demonstrated positive momentum, reflecting strategic focus on renewable energy investment. However, Spain and Albania saw significant reductions, indicating potential challenges or shifts in energy policy.
Future trends to watch in European hydro power include increased energy transition efforts, particularly in nations lagging in renewable adoption. As technology evolves, hydro power scalability and improved grid integration will be pivotal for optimizing the energy mix. Additionally, governmental policies and international collaborations could drive increased investments, fostering higher contributions from underrepresented countries.
Top countries in Hydro Power Gross Available Energy Share by Country (Thousand Tonnes Of Oil Equivalent)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 26.61 | 2023 | +0.76% | +0.53% | View data |
| 2 | 2 Sweden | 12.52 | 2023 | -0.043% | +1.53% | View data |
| 3 | 3 France | 11.21 | 2023 | +0.057% | -1.59% | View data |
| 4 | 4 Italy | 8.72 | 2023 | +0.52% | -0.8% | View data |
| 5 | 5 Austria | 7.54 | 2023 | +0.26% | +1.33% | View data |
| 6 | 6 Spain | 5.53 | 2023 | -0.37% | -2.9% | View data |
| 7 | 7 Germany | 3.52 | 2023 | -0.76% | +1.31% | View data |
| 8 | 8 Romania | 3.05 | 2023 | +0.098% | -1.57% | View data |
| 9 | 9 Finland | 2.75 | 2023 | +0.38% | +2.09% | View data |
| 10 | 10 Iceland | 2.68 | 2023 | +2.02% | +0.8% | View data |
