Agnico Eagle Mines Ltd
Agnico Eagle Mines Energy Data Preview
In 2023, Agnico Eagle Mines disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Agnico Eagle Mines also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Agnico Eagle Mines also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
However, Agnico Eagle Mines did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Agnico Eagle Mines's Energy Renewability
In 2023, Agnico Eagle Mines consumed a total of 26.36 million Gigajoules of energy across its operations. Of this total, 24.66% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 75.34% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
Agnico Eagle Mines's Energy Renewability Rate
How much of Agnico Eagle Mines's energy consumed is renewable?
In 2023, Agnico Eagle Mines consumed a total of 26.36 million Gigajoules of energy, of which 24.66% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Agnico Eagle Mines has considerable room to improve its energy sustainability strategy.
Are Agnico Eagle Mines's energy practices becoming more sustainable?
Since 2021, Agnico Eagle Mines's total energy consumption increased by 30.03%, including a 28.03% increase in 2023, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy in Agnico Eagle Mines's consumption increased by 39.18%, including a 28.58% increase in 2023, showing consistent progress in clean energy adoption.
Overall, Agnico Eagle Mines has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.
Agnico Eagle Mines's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Agnico Eagle Mines's Energy Inflows & Self-Sufficiency
In 2023, Agnico Eagle Mines reported total energy inflows of 11.61 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 9.4 million Gigajoules purchased from external suppliers and 2.21 million Gigajoules generated through internal production. This corresponds to a production share of 19%, reflecting a 1,900% percentage point increase from the previous year (2022) and a 1,900% percentage point increase since 2021.
These consistent increases, both year-over-year and over the longer term, suggest that Agnico Eagle Mines is actively strengthening its energy autonomy. The company appears to be making deliberate, sustained investments in internal energy production, possibly to improve energy security, reduce reliance on volatile external markets, or support broader sustainability goals.
Agnico Eagle Mines's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased