Hydroelectricity generation in Chile has seen fluctuations over the past decade, with a notable drop in 2021. In 2023, it stood at 21.51 Terawatthours. Over the last two years, there was a 23.11% increase from 2021 to 2022 and a 3.32% decrease from 2022 to 2023. The Compound Annual Growth Rate (CAGR) over the past five years has been -1.64%. Forecasting to 2028, the 5-year CAGR is expected at 0.66%, indicating a slight upward trend with a forecasted growth of 3.36% over this period.
Future trends to watch include increased investment in renewable energy, technological advancements in hydroelectric efficiency, and potential impacts of climate change on water resources, which could influence hydroelectric generation capacity and stability.
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