OGE Energy Corp

Common Name
OGE Energy
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
2,291
Ticker
OGE
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Oge Energy Corp. is an electric utility company primarily engaged in the generation, transmission, distribution, and sale of electricity. Its core operations focus on providing reliable and affordable...

OGE Energy Energy Data Preview

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

OGE 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.

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

Metric (GJ)2024202320222021 - 2017
Energy Sold
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Insights into OGE Energy's Energy Consumption & Production Mix

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

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

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

  • Natural Gas (80.2%)
  • Coal (15.4%)
  • Wind Energy (4.03%)

How diverse is OGE Energy’s energy production mix?

In 2023, OGE Energy produced energy using 4 different sources or generation technologies. The energy production mix is highly concentrated, with Natural Gas alone making up 80.2% of total output.

OGE Energy's Energy Produced by Sources and Technologies

Natural Gas(80.2%)Coal(15.4%)

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

In 2023, OGE Energy reported total energy inflows of 128.13 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 67.84 million Gigajoules purchased from external suppliers and 60.3 million Gigajoules generated through internal production. This corresponds to a production share of 47.06%, reflecting a 29.02% percentage point increase from the previous year (2022) and a 5,243.12% percentage point decrease since 2020.

Although OGE Energy's production share has remained steady in the most recent year, it has declined compared to earlier periods. This suggests a long-term trend toward reduced self-production, possibly reflecting changing investment priorities or greater reliance on external supply networks.

OGE Energy's Energy Purchased vs Produced Over Time

2020202120222023035 M70 M105 M140 MGigajoules (GJ)99%58%47%47%42%53%53%
  • Total Energy Produced
  • Total Energy Purchased
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