MGE Energy Inc

Common Name
MGE Energy
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
717
Ticker
MGEE
Exchange
NASDAQ/NGS
Description
Mge Energy Inc. is a publicly traded energy company primarily involved in the generation, purchase, transmission, and distribution of electricity. It serves Madison, Wisconsin, and the surrounding are...

MGE Energy Energy Data Preview

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

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

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

Metric (GJ)2024202320222021 - 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

This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into MGE Energy's Energy Renewability

In 2023, MGE Energy consumed a total of 96,386.4 Gigajoules of energy across its operations. Of this total, 0.18% 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 99.82% 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.

MGE Energy's Energy Renewability Rate

0%

How much of MGE Energy's energy consumed is renewable?

In 2023, MGE Energy consumed a total of 96,386.4 Gigajoules of energy, of which 0.18% 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 MGE Energy has considerable room to improve its energy sustainability strategy.

Insights into MGE Energy's Energy Consumption & Production Mix

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

MGE Energy's Energy Consumed by Sources and Technologies

Other Gaseous Fuel(86.5%)Electricity(Unspecified Source)(13.4%)

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

In 2023, MGE Energy's total energy consumption was primarily sourced from

  • Other Gaseous Fuel (86.49%)
  • Electricity (Unspecified Source) (13.43%)
  • Other Oil Products (0.08%)

How diverse is MGE Energy’s energy consumption mix?

In 2023, MGE Energy consumed energy from 3 different sources or generation technologies, indicating a highly concentrated energy mix, with Other Gaseous Fuel alone accounting for 86.49% of total consumption.

What are the main sources or generation technologies used by MGE Energy to produce energy?

In 2023, MGE Energy's energy production came primarily from

  • Other Sources (50%)
  • Coal (26.61%)
  • Other Gaseous Fuel (11.09%)

How diverse is MGE Energy’s energy production mix?

In 2023, MGE Energy produced energy using 6 different sources or generation technologies. While moderately diverse, the production mix shows a partial dependence on Other Sources (50%).

MGE Energy's Energy Produced by Sources and Technologies

Other Sources(50.0%)Coal(26.6%)Other Gaseous Fuel(11.1%)

Insights into MGE Energy's Energy Inflows & Self-Sufficiency

In 2023, MGE Energy reported total energy inflows of 21.4 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 3.01 million Gigajoules purchased from external suppliers and 18.4 million Gigajoules generated through internal production. This corresponds to a production share of 85.96%.

MGE Energy's Energy Purchased vs Produced Over Time

202305.5 M11 M16.5 M22 MGigajoules (GJ)86%14%
  • Total Energy Produced
  • Total Energy Purchased
Want Full Access to MGE Energy's Energy Dataset?
Sign Up