In 2024, Kinetik Holdings disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Kinetik Holdings 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 | 2,832,804a | 2,152,865a | 1,889,107a | |
Non-Renewable Energy Consumption | 1,973,236a | 849,305a | 925,798a | |
Renewable Energy Consumption | 859,568a | 1,303,560a | 963,310a |
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In 2024, Kinetik Holdings consumed a total of 2.83 million Gigajoules of energy across its operations. Of this total, 30.34% 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 69.66% 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, Kinetik Holdings consumed a total of 2.83 million Gigajoules of energy, of which 30.34% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This moderate level of renewable energy adoption indicates that Kinetik Holdings is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Since 2021, Kinetik Holdings's total energy consumption increased by 69.8%, including a 31.58% increase in 2024, reflecting a sustained rise in overall energy demand.a
Over the same period, the share of renewable energy decreased by 16.5%, with a further 49.89% drop in 2024, highlighting a weakening in renewable energy performance.a
Overall, Kinetik Holdings is consuming more energy while simultaneously reducing its use of renewable sources, raising concerns about a growing dependency on fossil fuels and the company’s alignment with sustainability goals.