European Hydro Power Energy Supply Share by Country (Thousand Tonnes Of Oil Equivalent)

In 2023, Norway led the European hydro power energy supply in terms of thousand tonnes of oil equivalent, followed by Sweden and France. Other countries like Italy, Austria, and Spain contribute significantly, albeit at lower levels. Over the past year, countries like Slovakia, the Czech Republic, and Estonia showed notable growth rates, while countries such as Ukraine and Montenegro experienced declines. The compound annual growth rate over the last five years highlights steady growth in several regions, despite setbacks in others.

Future trends to watch include:

• Continued investment and technological advancements in renewable energy in countries showing robust growth like Estonia and Slovakia.
• Potential policy changes in leading nations like Norway and Sweden that could impact overall supply dynamics.
• Emerging challenges in maintaining or boosting production in countries with declining rates like Ukraine and Montenegro.