Forecast: Hydroelectricity Generation in Argentina

Hydroelectricity generation in Argentina has experienced fluctuations over the past decade. From 2013 to 2023, production peaked in 2013 at 32.77 TWh and showed a general decline, hitting a low of 19.65 TWh in 2021 before slightly recovering to 24.06 TWh in 2023. In 2023, hydroelectric generation stood at 24.06 TWh. Over the last 10 years, notable declines were observed in 2016 (-7.99%) and 2021 (-16.99%). However, the year-on-year variation for 2023 indicated a modest recovery of 0.7%. The five-year compound annual growth rate (CAGR) leading to 2023 was -5.71%, reflecting a challenging period for hydroelectricity in Argentina.

Forecasts for 2024 to 2028 suggest a stabilizing trend for hydroelectricity, with an expected CAGR of 0.49% and overall growth of 2.48%. This cautious optimism is anchored in projected annual increases, with the generation reaching 24.82 TWh by 2028.

Future trends to watch for include:

• Technological advancements and efficiency improvements in hydroelectric plants.
• Government policies and renewable energy initiatives aimed at increasing sustainable energy sources.
• Climate variability impacts on water availability for hydroelectric power generation.