The European Hydro Power production landscape in 2023 shows Norway leading significantly with a 26.67% share, followed by Sweden at 12.38% and France at 11.35%. Countries such as Italy, Austria, Spain, and Germany have notable shares, but much lower. Smaller contributions come from nations like Romania, Finland, Iceland, and Portugal, among others.
Year-on-year variations indicate growth in hydro power share for Norway (0.6%), Sweden (1.66%), Germany (1.33%), and Finland (1.94%), whereas France (-1.32%), Spain (-3.06%), and several others experienced declines. Noteworthy increases in smaller markets were seen in Estonia (11.19%) and the Czech Republic (7.33%).
The future trend to watch will be the steady increase in countries like Slovakia and Ireland, which have shown substantial growth. Continued investment and favorable policies could accelerate the adoption of hydro power, potentially reshaping the market shares in Europe. Declining trends in traditionally strong markets like France and Spain might be counterbalanced by rising contributions from newer or smaller markets. Additionally, as countries focus more on renewable energy, hydro power's share in total energy generation is likely to increase overall. Pay attention to technological advancements and climate change policies that could significantly influence these trends.
Top countries in Hydro Power Production Share by Country (Terajoules)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 26.67 | 2023 | +0.79% | +0.6% | View data |
| 2 | 2 Sweden | 12.38 | 2023 | -0.027% | +1.66% | View data |
| 3 | 3 France | 11.35 | 2023 | +0.44% | -1.32% | View data |
| 4 | 4 Italy | 8.9 | 2023 | +0.99% | -0.43% | View data |
| 5 | 5 Austria | 7.55 | 2023 | +0.46% | +1.48% | View data |
| 6 | 6 Spain | 5.48 | 2023 | -0.47% | -3.06% | View data |
| 7 | 7 Germany | 3.52 | 2023 | -0.77% | +1.33% | View data |
| 8 | 8 Romania | 3.04 | 2023 | +0.14% | -1.61% | View data |
| 9 | 9 Finland | 2.76 | 2023 | +0.36% | +1.94% | View data |
| 10 | 10 Iceland | 2.62 | 2023 | +0.99% | +0.38% | View data |
