OMV AG

Common Name
OMV
Country
Austria
Sector
Energy
Industry
Oil & Gas Integrated
Employees
23,463
Ticker
OMV
Exchange
WIENER BOERSE AG AMTLICHER HANDEL
Description
OMV Aktiengesellschaft is a leading international energy company based in Austria. As an integrated oil and gas corporation, OMV's primary function is the exploration, production, refining, and market...

OMV Energy Data Preview

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

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

However, OMV did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 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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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 OMV's Energy Renewability

In 2023, OMV consumed a total of 142.9 million Gigajoules of energy across its operations. Of this total, 4.01% 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 95.99% 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.

OMV's Energy Renewability Rate

4%

How much of OMV's energy consumed is renewable?

In 2023, OMV consumed a total of 142.9 million Gigajoules of energy, of which 4.01% 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 OMV has considerable room to improve its energy sustainability strategy.

Are OMV's energy practices becoming more sustainable?

Since 2020, OMV's total energy consumption increased by 9%, but declined by 12.44% in 2023, suggesting a recent moderation in energy use.

Over the same period, the share of renewable energy in OMV's consumption increased by 101.7%, including a 64.01% increase in 2023, showing consistent progress in clean energy adoption.

Overall, OMV’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.

OMV's Renewable vs Non-renewable Energy Over Time

18.26 M8.76 M740 k18.26 MGigajoules (GJ)202020212022202328%20%23%33%72%80%77%67%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into OMV's Energy Inflows & Self-Sufficiency

In 2023, OMV reported total energy inflows of 13.13 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 13.01 million Gigajoules purchased from external suppliers and 124,000 Gigajoules generated through internal production. This corresponds to a production share of 0.94%, reflecting a 31.23% percentage point increase from the previous year (2022) and a 94.09% percentage point increase since 2020.

OMV's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.

OMV's Energy Purchased vs Produced Over Time

202020212022202304.5 M9 M13.5 M18 MGigajoules (GJ)100%100%99%99%
  • Total Energy Produced
  • Total Energy Purchased
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