In 2023, Germany led European pumped hydroelectric production capacities with 5.39 thousand megawatts, followed by Italy and Spain with 3.94 and 3.38 thousand megawatts, respectively. Although Italy experienced a slight decline of -0.49%, Spain and the United Kingdom saw significant increases of 30% and 32%. Ukraine, Slovakia, and Slovenia also showed robust growth rates of 36%, 54%, and 109% respectively. Conversely, Ireland faced a notable decline of -237%. Over the past five years, the average annual growth in these capacities has been mixed, with some countries consistently expanding and others experiencing stagnation or decline.
Future trends to monitor include the impact of continued investment in renewable energy infrastructure and legislative support across Europe for sustainable energy sources. Additionally, geopolitical factors and advancements in energy storage technologies could play crucial roles in shaping the future of pumped hydro power capacities.
Top countries in Pumped Hydro Power Electricity Production Capacities by Country
| # | 10 Countries | Megawatts | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,390 | 2023 | +0.35% | +0.14% | View data |
| 2 | 2 Italy | 3,940 | 2023 | -0.011% | -0.0049% | View data |
| 3 | 3 Spain | 3,380 | 2023 | +0.75% | +0.3% | View data |
| 4 | 4 United Kingdom | 2,640 | 2023 | +0.34% | +0.32% | View data |
| 5 | 5 France | 1,730 | 2023 | -0.014% | -0.0066% | View data |
| 6 | 6 Ukraine | 1,540 | 2023 | +0.065% | +0.36% | View data |
| 7 | 7 Poland | 1,420 | 2023 | 0% | 0% | View data |
| 8 | 8 Luxembourg | 1,310 | 2023 | +0.46% | +0.18% | View data |
| 9 | 9 Belgium | 1,310 | 2023 | 0% | 0% | View data |
| 10 | 10 Czech Republic | 1,180 | 2023 | +0.25% | +0.11% | View data |
