Howmet Aerospace Inc
Howmet Aerospace Energy Data Preview
In 2023, Howmet Aerospace disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Howmet Aerospace 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, Howmet Aerospace also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Howmet Aerospace also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Howmet Aerospace'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 |
Energy Sold | 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 Howmet Aerospace's Energy Renewability
In 2023, Howmet Aerospace consumed a total of 11.51 million Gigajoules of energy across its operations. Of this total, 7.48% 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 92.52% 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.
Howmet Aerospace's Energy Renewability Rate
How much of Howmet Aerospace's energy consumed is renewable?
In 2023, Howmet Aerospace consumed a total of 11.51 million Gigajoules of energy, of which 7.48% 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 Howmet Aerospace has considerable room to improve its energy sustainability strategy.
Are Howmet Aerospace's energy practices becoming more sustainable?
Since 2019, Howmet Aerospace's total energy consumption decreased by 15.18%, yet rose by 2.22% in 2023, pointing to a potential reversal in recent energy-saving progress.
Over the same period, the share of renewable energy in Howmet Aerospace's consumption increased by 25.32%, including a 6.62% increase in 2023, showing consistent progress in clean energy adoption.
Overall, Howmet Aerospaceās 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 companyās environmental impact.
Howmet Aerospace's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Howmet Aerospace's Energy Consumption & Production Mix
In 2023, Howmet Aerospace disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Howmet Aerospace's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Howmet Aerospace's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Howmet Aerospace's energy consumption?
In 2023, Howmet Aerospace's total energy consumption was primarily sourced from
- Natural Gas (62.55%)
- Electricity (Unspecified Source) (35.7%)
- Diesel (1.48%)
How diverse is Howmet Aerospaceās energy consumption mix?
In 2023, Howmet Aerospace consumed energy from 12 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
What are the main sources or generation technologies used by Howmet Aerospace to produce energy?
In 2023, Howmet Aerospace's energy production came primarily from
- Solar Energy (100%)
How diverse is Howmet Aerospaceās energy production mix?
In 2023, Howmet Aerospace 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.
Howmet Aerospace's Energy Produced by Sources and Technologies
Insights into Howmet Aerospace's Energy Inflows & Self-Sufficiency
In 2023, Howmet Aerospace reported total energy inflows of 4.11 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 4.11 million Gigajoules purchased from external suppliers and 1,000 Gigajoules generated through internal production. This corresponds to a production share of 0.02%, reflecting a 2.43% percentage point increase from the previous year (2022) and a 2.43% percentage point increase since 2019.
Howmet Aerospace'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.
Howmet Aerospace's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased