Kinross Gold Corp (Ontario)
Kinross Gold Corp (Ontario) Energy Data Preview
In 2023, Kinross Gold Corp (Ontario) disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Kinross Gold Corp (Ontario) 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, Kinross Gold Corp (Ontario) also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Kinross Gold Corp (Ontario) also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Kinross Gold Corp (Ontario)'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 Kinross Gold Corp (Ontario)'s Energy Renewability
In 2023, Kinross Gold Corp (Ontario) consumed a total of 20.4 million Gigajoules of energy across its operations. Of this total, 23.41% 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 76.59% 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.
Kinross Gold Corp (Ontario)'s Energy Renewability Rate
How much of Kinross Gold Corp (Ontario)'s energy consumed is renewable?
In 2023, Kinross Gold Corp (Ontario) consumed a total of 20.4 million Gigajoules of energy, of which 23.41% 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 Kinross Gold Corp (Ontario) has considerable room to improve its energy sustainability strategy.
Are Kinross Gold Corp (Ontario)'s energy practices becoming more sustainable?
Since 2019, Kinross Gold Corp (Ontario)'s total energy consumption decreased by 5.52%, and remained stable in 2023, suggesting earlier reductions may have leveled off.
Over the same period, the share of renewable energy in Kinross Gold Corp (Ontario)'s consumption increased by 72.88%, including a 8.74% increase in 2023, showing consistent progress in clean energy adoption.
Overall, Kinross Gold Corp (Ontario)’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.
Kinross Gold Corp (Ontario)'s Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Kinross Gold Corp (Ontario)'s Energy Consumption & Production Mix
In 2023, Kinross Gold Corp (Ontario) disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Kinross Gold Corp (Ontario)'s overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Kinross Gold Corp (Ontario)'s Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Kinross Gold Corp (Ontario)'s energy consumption?
In 2023, Kinross Gold Corp (Ontario)'s total energy consumption was primarily sourced from
- Diesel (57%)
- Electricity (Unspecified Source) (30.97%)
- Heavy Fuel Oil (HFO) (10.78%)
How diverse is Kinross Gold Corp (Ontario)’s energy consumption mix?
In 2023, Kinross Gold Corp (Ontario) consumed energy from 9 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
Insights into Kinross Gold Corp (Ontario)'s Energy Inflows & Self-Sufficiency
In 2023, Kinross Gold Corp (Ontario) reported total energy inflows of 6.33 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 3.8 million Gigajoules purchased from external suppliers and 2.53 million Gigajoules generated through internal production. This corresponds to a production share of 40.01%, reflecting a 208.24% percentage point decrease from the previous year (2022) and a 4,001.03% percentage point increase since 2019.
Despite a recent dip in the production share, Kinross Gold Corp (Ontario) has significantly increased its reliance on internally generated energy over the long term. The short-term decline may be due to temporary disruptions, shifts in output demand, or adjustments in procurement strategy, rather than a reversal of its overall trend.
Kinross Gold Corp (Ontario)'s Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased