B2Gold Corp
B2Gold Energy Data Preview
In 2023, B2Gold disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
B2Gold 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, B2Gold also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, B2Gold also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate B2Gold'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 |
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 B2Gold's Energy Renewability
In 2023, B2Gold consumed a total of 9.1 million Gigajoules of energy across its operations. Of this total, 5.93% 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 94.07% 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.
B2Gold's Energy Renewability Rate
How much of B2Gold's energy consumed is renewable?
In 2023, B2Gold consumed a total of 9.1 million Gigajoules of energy, of which 5.93% 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 B2Gold has considerable room to improve its energy sustainability strategy.
Are B2Gold's energy practices becoming more sustainable?
Since 2019, B2Gold's total energy consumption increased by 5.81%, but remained relatively stable in 2023, possibly indicating a plateau in energy growth.
Over the same period, the share of renewable energy in B2Gold's consumption increased by 920.66%, including a 63.64% increase in 2023, showing consistent progress in clean energy adoption.
Overall, B2Gold’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.
B2Gold's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into B2Gold's Energy Consumption & Production Mix
In 2023, B2Gold disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the B2Gold's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
B2Gold's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind B2Gold's energy consumption?
In 2023, B2Gold's total energy consumption was primarily sourced from
- Diesel (51.59%)
- Heavy Fuel Oil (HFO) (41.71%)
- Other Sources (3.73%)
How diverse is B2Gold’s energy consumption mix?
In 2023, B2Gold consumed energy from 5 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
What are the main sources or generation technologies used by B2Gold to produce energy?
In 2023, B2Gold's energy production came primarily from
- Solar Energy (100%)
How diverse is B2Gold’s energy production mix?
In 2023, B2Gold produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy alone making up 100% of total output.
B2Gold's Energy Produced by Sources and Technologies
Insights into B2Gold's Energy Inflows & Self-Sufficiency
In 2023, B2Gold reported total energy inflows of 610,000 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 340,000 Gigajoules purchased from external suppliers and 270,000 Gigajoules generated through internal production. This corresponds to a production share of 44.26%, reflecting a 3,073.77% percentage point decrease from the previous year (2022) and a 3,037.34% percentage point increase since 2019.
Despite a recent dip in the production share, B2Gold has significantly increased its reliance on internally generated energy over the long term. The short-term decline may be due to temporary disruptions, shifts in output demand, or adjustments in procurement strategy, rather than a reversal of its overall trend.
B2Gold's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased