Lockheed Martin Corp
Lockheed Martin Energy Data Preview
In 2023, Lockheed Martin disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Lockheed Martin 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, Lockheed Martin also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Lockheed Martin also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Lockheed Martin'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 |
Energy Sold | 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 Lockheed Martin's Energy Renewability
In 2023, Lockheed Martin consumed a total of 11.25 million Gigajoules of energy across its operations. Of this total, 14.78% 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 85.22% 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.
Lockheed Martin's Energy Renewability Rate
How much of Lockheed Martin's energy consumed is renewable?
In 2023, Lockheed Martin consumed a total of 11.25 million Gigajoules of energy, of which 14.78% 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 Lockheed Martin has considerable room to improve its energy sustainability strategy.
Are Lockheed Martin's energy practices becoming more sustainable?
Since 2019, Lockheed Martin's total energy consumption decreased by 1.9%, including a further 3.06% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy increased by 1,170.49%, but declined by 1.58% in 2023, suggesting recent volatility or sourcing constraints.
Overall, Lockheed Martin’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.
Lockheed Martin's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Lockheed Martin's Energy Consumption & Production Mix
In 2023, Lockheed Martin disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Lockheed Martin's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Lockheed Martin's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Lockheed Martin's energy consumption?
In 2023, Lockheed Martin's total energy consumption was primarily sourced from
- Biomass, Geothermal Energy, Hydropower, Solar Energy, Electricity (Unspecified Source) and Wind Energy (43.47%)
- Natural Gas (36.02%)
- Solar Energy and Wind Energy (6.61%)
How diverse is Lockheed Martin’s energy consumption mix?
In 2023, Lockheed Martin consumed energy from 14 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.
What are the main sources or generation technologies used by Lockheed Martin to produce energy?
In 2023, Lockheed Martin's energy production came primarily from
- Solar Energy and Wind Energy (100%)
How diverse is Lockheed Martin’s energy production mix?
In 2023, Lockheed Martin produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy and Wind Energy alone making up 100% of total output.
Lockheed Martin's Energy Produced by Sources and Technologies
Insights into Lockheed Martin's Energy Inflows & Self-Sufficiency
In 2023, Lockheed Martin reported total energy inflows of 1.33 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 1.12 million Gigajoules purchased from external suppliers and 208,296 Gigajoules generated through internal production. This corresponds to a production share of 15.66%.
Lockheed Martin's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased