Emera Inc

Common Name
Emera
Country
Canada
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
7,605
Ticker
EMA
Exchange
TORONTO STOCK EXCHANGE
Description
Emera Inc. is a North American energy holding company focused on electricity generation, transmission, and distribution, as well as natural gas utilities and infrastructure. Headquartered in Halifax, ...

Emera Energy Data Preview

In 2023, Emera disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Emera 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, Emera also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Emera's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Energy Sold
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Insights into Emera's Energy Consumption & Production Mix

In 2023, Emera disclosed detailed information on the sources and generation technologies of the energy it produced. This disclosure enables a clearer assessment of the Emera's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

What are the main sources or generation technologies used by Emera to produce energy?

In 2023, Emera's energy production came primarily from

  • Natural Gas (68.85%)
  • Coal (15.36%)
  • Solar Energy (6.14%)

How diverse is Emera’s energy production mix?

In 2023, Emera produced energy using 7 different sources or generation technologies. While moderately diverse, the production mix shows a partial dependence on Natural Gas (68.85%).

Emera's Energy Produced by Sources and Technologies

Natural Gas(68.9%)Coal(15.4%)Solar Energy(6.1%)

Insights into Emera's Energy Inflows & Self-Sufficiency

In 2023, Emera reported total energy inflows of 119.62 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 16.29 million Gigajoules purchased from external suppliers and 103.33 million Gigajoules generated through internal production. This corresponds to a production share of 86.38%, reflecting a 144.03% percentage point decrease from the previous year (2022) and a 282.35% percentage point decrease since 2021.

The declining share of internally produced energy, both over the past year and compared to earlier years, suggests growing reliance on purchased energy. This trend may reflect cost-optimization decisions, external sourcing preferences, or a deprioritization of self-generation efforts.

Emera's Energy Purchased vs Produced Over Time

202120222023030 M60 M90 M120 MGigajoules (GJ)89%88%86%11%12%14%
  • Total Energy Produced
  • Total Energy Purchased
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