Hydroelectricity consumption in Malaysia has shown a steady increase from 0.12 Exajoules in 2013 to 0.32 Exajoules in 2023. The year-on-year variations reveal significant fluctuations, with the highest increase observed in 2016 (42.96%) and a decline in 2018 (-2.33%). The CAGR over the past five years is 5.04%. In 2023, the consumption stood at 0.32 Exajoules. Forecasted data predicts a consistent rise, reaching 0.4 Exajoules by 2028, with a 5-year CAGR of 3.54% and an overall growth rate of 18.99% over the forecast period.
Future trends to watch for include technological advancements in hydroelectric power generation, regulatory changes, and environmental policies impacting renewable energy adoption. The impact of these factors will be critical in shaping the hydroelectricity market in Malaysia.
