Avangrid Inc
Avangrid Energy Data Preview
In 2023, Avangrid disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Avangrid 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.
Finally, Avangrid also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Avangrid's reliance on fossil fuels versus cleaner alternatives.
| 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 |
Energy Sold | 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 Avangrid's Energy Consumption & Production Mix
In 2023, Avangrid disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Avangrid's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Avangrid's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Avangrid's energy consumption?
In 2023, Avangrid's total energy consumption was primarily sourced from
- Hydropower, Other Sources, Solar Energy, Electricity (Unspecified Source) and Wind Energy (100%)
How diverse is Avangrid’s energy consumption mix?
In 2023, Avangrid consumed energy from 4 different sources or generation technologies, indicating a highly concentrated energy mix, with Hydropower, Other Sources, Solar Energy, Electricity (Unspecified Source) and Wind Energy alone accounting for 100% of total consumption.
What are the main sources or generation technologies used by Avangrid to produce energy?
In 2023, Avangrid's energy production came primarily from
- Hydropower, Other Sources, Solar Energy and Wind Energy (50%)
- Wind Energy (40.77%)
- Other Sources and Solar Energy (8.71%)
How diverse is Avangrid’s energy production mix?
In 2023, Avangrid produced energy using 4 different sources or generation technologies. While moderately diverse, the production mix shows a partial dependence on Hydropower, Other Sources, Solar Energy and Wind Energy (50%).
Avangrid's Energy Produced by Sources and Technologies
Insights into Avangrid's Energy Inflows & Self-Sufficiency
In 2023, Avangrid reported total energy inflows of 84.32 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 341,577 Gigajoules purchased from external suppliers and 83.97 million Gigajoules generated through internal production. This corresponds to a production share of 99.59%, reflecting a 19.64% percentage point increase from the previous year (2022) and a 40.51% percentage point decrease since 2021.
Avangrid's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.
Avangrid's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased