Hydro Power Energy Supply in the UK experienced fluctuations over the last decade but has shown a general upward trend. As of 2023, the supply stood at 6.07 thousand gigawatt hours. Year-on-year variations reveal significant fluctuations: after a remarkable rise of 25.23% in 2014 and a peak growth of 9.52% in 2017, the growth rate then stabilized around 0.92% by 2023.
The 5-year CAGR leading up to 2023 was 2.19%. For the forecast period from 2024 to 2028, Hydro Power Energy Supply is expected to grow at a modest CAGR of 0.75%, reaching 6.34 thousand gigawatt hours by 2028, which represents a 3.8% increase over five years.
Future trends to watch for include advancements in hydroelectric technology, government policies promoting renewable energy, and the impacts of climate change on water resources which could influence hydroelectric power generation.
