Between 2013 and 2023, Austria's hydro power gross electricity production exhibited fluctuations with an overall slight upward trend. In 2023, the production stood at 160.31 thousand Terajoules, marking a 0.67% increase from the previous year. The compound annual growth rate (CAGR) over the last five years (2019-2023) was 1.56%, indicating a modest but consistent growth in hydro power production.
Forecasts for the period from 2024 to 2028 suggest a stable increase in production, reaching 165.47 thousand Terajoules by 2028. The 5-year forward CAGR is projected at 0.5%, with a forecasted growth rate of approximately 2.55% over the corresponding period.
Future trends to watch for include advancements in hydro power technology and efficiency, potential impacts of climate change on water resources, and evolving energy policies aimed at boosting renewable energy integration. These factors will be critical in shaping the trajectory of hydro power generation in Austria.