KoreaGasCorp

Country
South Korea
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
4,177
Ticker
036460
Exchange
KOREA EXCHANGE
Description
Korea Gas Corporation is a state-owned enterprise primarily engaged in the importation, transportation, and distribution of liquefied natural gas (LNG) throughout South Korea. Established in 1983, the...

KoreaGasCorp Energy Data Preview

In 2023, KoreaGasCorp disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

KoreaGasCorp 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, KoreaGasCorp also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, KoreaGasCorp also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate KoreaGasCorp's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Energy Sold
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Electricity Consumed
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Verified Sources Behind KoreaGasCorp’s Energy Management Data

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a. KoreaGasCorp's ESG Report 2024
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Insights into KoreaGasCorp's Energy Renewability

In 2023, KoreaGasCorp consumed a total of 12.66 million Gigajoules of energy across its operations. Of this total, 41.57% 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 58.43% 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

KoreaGasCorp's Energy Renewability Rate

42%

How much of KoreaGasCorp's energy consumed is renewable?

In 2023, KoreaGasCorp consumed a total of 12.66 million Gigajoules of energy, of which 41.57% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This moderate level of renewable energy adoption indicates that KoreaGasCorp is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are KoreaGasCorp's energy practices becoming more sustainable?

Since 2020, KoreaGasCorp's total energy consumption increased by 10.49%, but declined by 12.87% in 2023, suggesting a recent moderation in energy use. a

Over the same period, the share of renewable energy decreased by 5.78%, yet improved by 8.63% in 2023, suggesting a rebound in renewable sourcing. a

Overall, KoreaGasCorp’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.

KoreaGasCorp's Renewable vs Non-renewable Energy Over Time

9.86 M4.86 M137.4 k9.86 MGigajoules (GJ)202020212022202344%40%38%42%56%60%62%58%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into KoreaGasCorp's Energy Consumption & Production Mix

In 2023, KoreaGasCorp disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the KoreaGasCorp's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

KoreaGasCorp's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(66.3%)Fuel(Unspecified Type)(32.8%)

What are the main sources and generation technologies behind KoreaGasCorp's energy consumption?

In 2023, KoreaGasCorp's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (66.28%)
  • Fuel (Unspecified Type) (32.84%)
  • Steam (Unspecified Source) (0.73%)

How diverse is KoreaGasCorp’s energy consumption mix?

In 2023, KoreaGasCorp consumed energy from 4 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source. a

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