Yes — but not with the Delete key. Run powercfg /h off as administrator and Windows disables hibernation and removes the file. On a 16GB-RAM machine that's typically 6GB+ back instantly.
Hibernate vs Sleep — what is the difference?
Sleep keeps your session in RAM (tiny power draw, instant wake). Hibernate writes it to hiberfil.sys and powers off completely (no power draw, slower wake). Desktops and always-plugged laptops rarely need hibernate.
Does disabling hibernation hurt performance?
Zero impact on day-to-day performance. The only change is losing Fast Startup — cold boots take a few extra seconds. Sleep works exactly as before.