The UK hydroelectricity generation stood at 5.83 TWh in 2023, showing a year-on-year increase of 9.74% from 2022. Previous trends reveal considerable fluctuations with a 5-year CAGR from 2018 to 2023 of 1.4%.
From 2013 to 2023, hydroelectricity generation exhibited variability, with notable peaks in 2015 and 2020 and significant dips in 2016 and 2021. The long-term CAGR over these ten years indicates a general annual growth, despite occasional declines.
Looking ahead, the forecast from 2024 to 2028 suggests a stabilizing pattern, with minor annual increase implying a 5-year CAGR of 0.07% and an overall growth rate of 0.36% in this period.
Future trends to watch for include technological advancements in hydroelectric efficiency, policy changes regarding renewable energy incentives, and potential impacts of climate change on water availability.
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