Hyundai Motor Co
Hyundai Motor Energy Data Preview
In 2023, Hyundai Motor disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Hyundai Motor disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Hyundai Motor also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Hyundai Motor'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 Hyundai Motor's Energy Renewability
In 2023, Hyundai Motor consumed a total of 27.16 million Gigajoules of energy across its operations. Of this total, 6.27% 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 93.73% 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.
Hyundai Motor's Energy Renewability Rate
How much of Hyundai Motor's energy consumed is renewable?
In 2023, Hyundai Motor consumed a total of 27.16 million Gigajoules of energy, of which 6.27% 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 Hyundai Motor has considerable room to improve its energy sustainability strategy.
Are Hyundai Motor's energy practices becoming more sustainable?
Since 2021, Hyundai Motor's total energy consumption increased by 1.82%, but remained relatively stable in 2023, possibly indicating a plateau in energy growth.
Over the same period, the share of renewable energy in Hyundai Motor's consumption increased by 286.69%, including a 69.49% increase in 2023, showing consistent progress in clean energy adoption.
Overall, Hyundai Motor’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.
Hyundai Motor's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Hyundai Motor's Energy Consumption & Production Mix
In 2023, Hyundai Motor disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Hyundai Motor's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Hyundai Motor's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Hyundai Motor's energy consumption?
In 2023, Hyundai Motor's total energy consumption was primarily sourced from
- Solar Energy and Electricity (Unspecified Source) (49.48%)
- Liquefied Natural Gas (LNG) (44.85%)
- Other Sources (2.57%)
How diverse is Hyundai Motor’s energy consumption mix?
In 2023, Hyundai Motor consumed energy from 6 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.