Formosa Chemicals and Fibre Corp
Formosa Chemicals and Fibre Energy Data Preview
In 2023, Formosa Chemicals and Fibre disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Formosa Chemicals and Fibre 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, Formosa Chemicals and Fibre also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Formosa Chemicals and Fibre also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Formosa Chemicals and Fibre'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 |
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 Formosa Chemicals and Fibre's Energy Consumption & Production Mix
In 2023, Formosa Chemicals and Fibre disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Formosa Chemicals and Fibre's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Formosa Chemicals and Fibre's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Formosa Chemicals and Fibre's energy consumption?
In 2023, Formosa Chemicals and Fibre's total energy consumption was primarily sourced from
- Steam (Unspecified Source) (51.84%)
- Coal (40.53%)
- Electricity (Unspecified Source) (7.36%)
How diverse is Formosa Chemicals and Fibreās energy consumption mix?
In 2023, Formosa Chemicals and Fibre consumed energy from 4 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
Insights into Formosa Chemicals and Fibre's Energy Inflows & Self-Sufficiency
In 2023, Formosa Chemicals and Fibre reported total energy inflows of 50.19 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 21.8 million Gigajoules purchased from external suppliers and 28.38 million Gigajoules generated through internal production. This corresponds to a production share of 56.55%, reflecting a 78.1% percentage point increase from the previous year (2022) and a 147.72% percentage point increase since 2021.
Formosa Chemicals and Fibre has steadily improved its production share over the years, though the most recent figures show a leveling-off. This plateau may indicate that the company has reached a temporary equilibrium between produced and purchased energy, or is consolidating gains before pursuing further expansion.
Formosa Chemicals and Fibre's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased