TECO Electric Machinery Co Ltd
TECO Electric Machinery Energy Data Preview
In 2023, TECO Electric Machinery disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
TECO Electric Machinery 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, TECO Electric Machinery also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, TECO Electric Machinery also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate TECO Electric Machinery'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 TECO Electric Machinery's Energy Renewability
In 2023, TECO Electric Machinery consumed a total of 423,072 Gigajoules of energy across its operations. Of this total, 1.05% 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 98.95% 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.
TECO Electric Machinery's Energy Renewability Rate
How much of TECO Electric Machinery's energy consumed is renewable?
In 2023, TECO Electric Machinery consumed a total of 423,072 Gigajoules of energy, of which 1.05% 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 TECO Electric Machinery has considerable room to improve its energy sustainability strategy.
Are TECO Electric Machinery's energy practices becoming more sustainable?
Since 2021, TECO Electric Machinery's total energy consumption decreased by 20.01%, including a further 7.23% drop in 2023, highlighting a continued decline in energy use.
Over the same period, the share of renewable energy decreased by 83.36%, yet improved by 14.59% in 2023, suggesting a rebound in renewable sourcing.
Overall, TECO Electric Machinery’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.
TECO Electric Machinery's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into TECO Electric Machinery's Energy Consumption & Production Mix
In 2023, TECO Electric Machinery disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the TECO Electric Machinery's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
TECO Electric Machinery's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind TECO Electric Machinery's energy consumption?
In 2023, TECO Electric Machinery's total energy consumption was primarily sourced from
- Electricity (Unspecified Source) (77.78%)
- Fuel (Unspecified Type) (21.17%)
- Other Sources (1.05%)
How diverse is TECO Electric Machinery’s energy consumption mix?
In 2023, TECO Electric Machinery consumed energy from 3 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 77.78% of total consumption.
What are the main sources or generation technologies used by TECO Electric Machinery to produce energy?
In 2023, TECO Electric Machinery's energy production came primarily from
- Other Sources (100%)
How diverse is TECO Electric Machinery’s energy production mix?
In 2023, TECO Electric Machinery produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Other Sources alone making up 100% of total output.
TECO Electric Machinery's Energy Produced by Sources and Technologies
Insights into TECO Electric Machinery's Energy Inflows & Self-Sufficiency
In 2023, TECO Electric Machinery reported total energy inflows of 333,507.6 Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 329,076 Gigajoules purchased from external suppliers and 4,431.6 Gigajoules generated through internal production. This corresponds to a production share of 1.33%, reflecting a 16.55% percentage point increase from the previous year (2022) and a 667.78% percentage point decrease since 2021.
Although TECO Electric Machinery'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.
TECO Electric Machinery's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased