Posco Future M Co Ltd
Posco Future M Energy Data Preview
In 2023, Posco Future M disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Posco Future M 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, Posco Future M also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Posco Future M also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Posco Future M's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Renewable Energy Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Non-renewable Energy Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Electricity Consumed | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Insights into Posco Future M's Energy Renewability
In 2023, Posco Future M consumed a total of 17.77 million Gigajoules of energy across its operations. Of this total, 0% 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 100% 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. a
Posco Future M's Energy Renewability Rate
How much of Posco Future M's energy consumed is renewable?
In 2023, Posco Future M consumed a total of 17.77 million Gigajoules of energy, of which 0% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Posco Future M has considerable room to improve its energy sustainability strategy.
Are Posco Future M's energy practices becoming more sustainable?
Since 2020, Posco Future M's total energy consumption increased by 24.25%, including a 11.94% increase in 2023, reflecting a sustained rise in overall energy demand. a
Over the same period, the share of renewable energy in Posco Future M's consumption increased by 47.8%, including a 12.41% increase in 2023, showing consistent progress in clean energy adoption. a
Overall, Posco Future M has seen rising energy demand, but has also made strong and consistent progress in increasing its reliance on renewable energy—mitigating the environmental impact of its growing consumption.
Posco Future M's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Posco Future M's Energy Consumption & Production Mix
In 2023, Posco Future M disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Posco Future M's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a
Posco Future M's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Posco Future M's energy consumption?
In 2023, Posco Future M's total energy consumption was primarily sourced from a
- Other Sources (52.76%)
- Electricity (Unspecified Source) (42.5%)
- Natural Gas (1.44%)
How diverse is Posco Future M’s energy consumption mix?
In 2023, Posco Future M consumed energy from 11 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source. a