LG Energy Solution Ltd
LG Energy Solution Energy Data Preview
In 2023, LG Energy Solution disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
LG Energy Solution 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, LG Energy Solution also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, LG Energy Solution also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate LG Energy Solution'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 LG Energy Solution's Energy Renewability
In 2023, LG Energy Solution consumed a total of 40.82 million Gigajoules of energy across its operations. Of this total, 43.97% 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 56.03% 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.
LG Energy Solution's Energy Renewability Rate
How much of LG Energy Solution's energy consumed is renewable?
In 2023, LG Energy Solution consumed a total of 40.82 million Gigajoules of energy, of which 43.97% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This moderate level of renewable energy adoption indicates that LG Energy Solution is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.
Are LG Energy Solution's energy practices becoming more sustainable?
Since 2021, LG Energy Solution's total energy consumption increased by 28.5%, including a 7.97% increase in 2023, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy increased by 23.41%, while holding steady in 2023, indicating past gains that have recently stabilized.
Overall, LG Energy Solution’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.
LG Energy Solution's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into LG Energy Solution's Energy Consumption & Production Mix
In 2023, LG Energy Solution disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the LG Energy Solution's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
LG Energy Solution's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind LG Energy Solution's energy consumption?
In 2023, LG Energy Solution's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (78.13%)
- Liquefied Natural Gas (LNG) (14.41%)
- Steam (Unspecified Source) (7.46%)
How diverse is LG Energy Solution’s energy consumption mix?
In 2023, LG Energy Solution consumed energy from 3 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 78.13% of total consumption.