In 2024, Formosa Petrochemical disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Formosa Petrochemical disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Energy Consumption | 351,642,900a | 364,274,130a | 365,406,000a | |
Non-Renewable Energy Consumption | 351,638,000a | 364,274,000a | 365,406,000a | |
Renewable Energy Consumption | 4,900a | 130a | 0a | |
Renewable Energy Production | 4,896a | N/A | N/A |
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In 2024, Formosa Petrochemical consumed a total of 351.64 million Gigajoules of energy across its operations. Of this total, 0% 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 100% 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.a
In 2024, Formosa Petrochemical consumed a total of 351.64 million Gigajoules of energy, of which 0% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Formosa Petrochemical has considerable room to improve its energy sustainability strategy.
Since 2022, Formosa Petrochemical's total energy consumption decreased by 3.77%, including a further 3.47% drop in 2024, highlighting a continued decline in energy use.a
Over the same period, the share of renewable energy in Formosa Petrochemical's consumption increased by 3,804.62%, showing a recent positive trend in clean energy adoption.a