Steel Dynamics Inc
Steel Dynamics Energy Data Preview
In 2023, Steel Dynamics disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Steel Dynamics 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, Steel Dynamics also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Steel Dynamics also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Steel Dynamics'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 |
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 Steel Dynamics's Energy Renewability
In 2023, Steel Dynamics consumed a total of 65.64 million Gigajoules of energy across its operations. Of this total, 3.78% 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 96.22% 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.
Steel Dynamics's Energy Renewability Rate
How much of Steel Dynamics's energy consumed is renewable?
In 2023, Steel Dynamics consumed a total of 65.64 million Gigajoules of energy, of which 3.78% 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 Steel Dynamics has considerable room to improve its energy sustainability strategy.
Insights into Steel Dynamics's Energy Consumption & Production Mix
In 2023, Steel Dynamics disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Steel Dynamics's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Steel Dynamics's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Steel Dynamics's energy consumption?
In 2023, Steel Dynamics's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (43.27%)
- Acetylene, Natural Gas, Other Sources and Propane (39.03%)
- Coal (15.53%)
How diverse is Steel Dynamics’s energy consumption mix?
In 2023, Steel Dynamics consumed energy from 7 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.