Hydroelectricity consumption in Austria stood at 0.36 Exajoules in 2023. The year-on-year variation for 2022 and 2023 was -8.49% and +8.08% respectively. Over the past five years, the compound annual growth rate (CAGR) has been relatively stable at 0.17%.
Looking forward, hydroelectricity consumption is forecasted to remain at 0.36 Exajoules from 2024 to 2028. The forecasted five-year CAGR is 0.11%, indicating minimal growth. The overall 5-year growth rate from 2024 to 2028 is projected to be 0.55%.
Future trends to watch for include:
- Technological advancements in renewable energy integration.
- Government policies aimed at increasing renewable energy usage.
- Impact of climate change on hydroelectric power generation.
- Shifts in energy demand and consumption patterns.
