diff --git a/pkgs/servers/sql/postgresql/ext/timescaledb.nix b/pkgs/servers/sql/postgresql/ext/timescaledb.nix
index 76619b83c142..55d2cd81a217 100644
--- a/pkgs/servers/sql/postgresql/ext/timescaledb.nix
+++ b/pkgs/servers/sql/postgresql/ext/timescaledb.nix
@@ -8,7 +8,7 @@
 
 stdenv.mkDerivation rec {
   pname = "timescaledb";
-  version = "1.7.4";
+  version = "2.0.0";
 
   nativeBuildInputs = [ cmake ];
   buildInputs = [ postgresql openssl ];
@@ -17,10 +17,11 @@ stdenv.mkDerivation rec {
     owner  = "timescale";
     repo   = "timescaledb";
     rev    = "refs/tags/${version}";
-    sha256 = "0w0sl5izwic3j1k94xhky2y4wkd8l18m5hcknj5vqxq3ryhxaszc";
+    sha256 = "0id1h46490mjqp8ijhv2qswpdli2nh2z15mgh6gfc2wl3bhwhi1g";
   };
 
-  cmakeFlags = [ "-DSEND_TELEMETRY_DEFAULT=OFF" "-DREGRESS_CHECKS=OFF" ];
+  # -DWARNINGS_AS_ERRORS=OFF to be removed once https://github.com/timescale/timescaledb/issues/2770 is fixed in upstream
+  cmakeFlags = [ "-DSEND_TELEMETRY_DEFAULT=OFF" "-DREGRESS_CHECKS=OFF" "-DWARNINGS_AS_ERRORS=OFF" ];
 
   # Fix the install phase which tries to install into the pgsql extension dir,
   # and cannot be manually overridden. This is rather fragile but works OK.