The hydro power production in the UK has shown fluctuations over the past decade, with notable variations year-on-year. The value stood at 521.69 Thousand Tonnes Of Oil Equivalent in 2023. Year-on-year variation was positive at 0.92%, following a slight decrease of 1.03% in 2022. Over the last five years, the average annual growth rate (CAGR) was 2.19%. Forecast data indicate a steady but modest increase, with CAGR predicted at 0.73% through 2028, emphasizing a gradual rise in production.
Future trends to watch for include:
- Technological advancements improving efficiency
- Government policies and subsidies impacting production rates
- Climate change effects on water resources and variability
- Potential expansions of hydro power infrastructure
