Far Eastern New Century Corp
Far Eastern New Century Energy Data Preview
In 2023, Far Eastern New Century disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Far Eastern New Century 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, Far Eastern New Century also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Far Eastern New Century also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Far Eastern New Century'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 Far Eastern New Century's Energy Renewability
In 2023, Far Eastern New Century consumed a total of 18.7 million Gigajoules of energy across its operations. Of this total, 5.02% 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 94.98% 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.
Far Eastern New Century's Energy Renewability Rate
How much of Far Eastern New Century's energy consumed is renewable?
In 2023, Far Eastern New Century consumed a total of 18.7 million Gigajoules of energy, of which 5.02% 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 Far Eastern New Century has considerable room to improve its energy sustainability strategy.
Are Far Eastern New Century's energy practices becoming more sustainable?
Since 2020, Far Eastern New Century's total energy consumption decreased by 14.93%, including a further 11.8% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy in Far Eastern New Century's consumption increased by 351.41%, including a 49.71% increase in 2023, showing consistent progress in clean energy adoption.
Overall, Far Eastern New Century has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.
Far Eastern New Century's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Far Eastern New Century's Energy Consumption & Production Mix
In 2023, Far Eastern New Century disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Far Eastern New Century's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Far Eastern New Century's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Far Eastern New Century's energy consumption?
In 2023, Far Eastern New Century's total energy consumption was primarily sourced from
- Natural Gas (30.13%)
- Solar Energy and Electricity (Unspecified Source) (24.05%)
- Electricity (Unspecified Source) (23.78%)
How diverse is Far Eastern New Century’s energy consumption mix?
In 2023, Far Eastern New Century consumed energy from 9 different sources or generation technologies, indicating a well-diversified energy mix without excessive reliance on a single input.
What are the main sources or generation technologies used by Far Eastern New Century to produce energy?
In 2023, Far Eastern New Century's energy production came primarily from
- Solar Energy (100%)
How diverse is Far Eastern New Century’s energy production mix?
In 2023, Far Eastern New Century 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.
Far Eastern New Century's Energy Produced by Sources and Technologies
Insights into Far Eastern New Century's Energy Inflows & Self-Sufficiency
In 2023, Far Eastern New Century reported total energy inflows of 6.39 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 6.32 million Gigajoules purchased from external suppliers and 67,950 Gigajoules generated through internal production. This corresponds to a production share of 1.06%, reflecting a 29.02% percentage point increase from the previous year (2022) and a 37.62% percentage point increase since 2020.
Far Eastern New Century'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.
Far Eastern New Century's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased