Fortum Oyj
Fortum Energy Data Preview
In 2023, Fortum disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Fortum 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, Fortum also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Fortum also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Fortum'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 Fortum's Energy Renewability
In 2023, Fortum consumed a total of 111.5 million Gigajoules of energy across its operations. Of this total, 5.47% 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 94.53% 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.
Fortum's Energy Renewability Rate
How much of Fortum's energy consumed is renewable?
In 2023, Fortum consumed a total of 111.5 million Gigajoules of energy, of which 5.47% 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 Fortum has considerable room to improve its energy sustainability strategy.
Are Fortum's energy practices becoming more sustainable?
Since 2021, Fortum's total energy consumption decreased by 67.06%, including a further 6.54% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy increased by 25.98%, but declined by 18.42% in 2023, suggesting recent volatility or sourcing constraints.
Overall, Fortum’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.
Fortum's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Fortum's Energy Consumption & Production Mix
In 2023, Fortum disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Fortum's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Fortum's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Fortum's energy consumption?
In 2023, Fortum's total energy consumption was primarily sourced from
- Other Sources (79.19%)
- Coal (8.61%)
- Other Fuel (5.2%)
How diverse is Fortum’s energy consumption mix?
In 2023, Fortum consumed energy from 8 different sources or generation technologies, indicating a highly concentrated energy mix, with Other Sources alone accounting for 79.19% of total consumption.