Verbund AG

Common Name
Verbund
Country
Austria
Sector
Utilities
Industry
Utilities - Renewable
Employees
4,314
Ticker
VER
Exchange
WIENER BOERSE AG AMTLICHER HANDEL
Description
Verbund AG is an Austria-based electric utility company renowned for its extensive involvement in energy production, particularly within the hydropower sector. As one of Europe's leading producers of ...

Verbund Energy Data Preview

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

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

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

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 Verbund's Energy Renewability

In 2023, Verbund consumed a total of 16.24 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.

Verbund's Energy Renewability Rate

0%

How much of Verbund's energy consumed is renewable?

In 2023, Verbund consumed a total of 16.24 million Gigajoules of energy, of which 0% 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 Verbund has considerable room to improve its energy sustainability strategy.

Are Verbund's energy practices becoming more sustainable?

Since 2021, Verbund's total energy consumption decreased by 13.9%, including a further 29.55% drop in 2023, highlighting a continued decline in energy use.

Verbund's Renewable vs Non-renewable Energy Over Time

11.24 M5.24 M758.14 k11.24 MGigajoules (GJ)202120222023100%100%100%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Verbund's Energy Consumption & Production Mix

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

Verbund's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(69.4%)Natural Gas(30.2%)

What are the main sources and generation technologies behind Verbund's energy consumption?

In 2023, Verbund's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (69.4%)
  • Natural Gas (30.21%)
  • Fuel (Unspecified Type) (0.35%)

How diverse is Verbund’s energy consumption mix?

In 2023, Verbund consumed energy from 5 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

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

In 2023, Verbund's energy production came primarily from

  • Hydropower (92.06%)
  • Wind Energy (4.22%)
  • Thermal Energy (2.04%)

How diverse is Verbund’s energy production mix?

In 2023, Verbund produced energy using 5 different sources or generation technologies. The energy production mix is highly concentrated, with Hydropower alone making up 92.06% of total output.

Verbund's Energy Produced by Sources and Technologies

Hydropower(92.1%)

Insights into Verbund's Energy Inflows & Self-Sufficiency

In 2023, Verbund reported total energy inflows of 130.59 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 11.28 million Gigajoules purchased from external suppliers and 119.31 million Gigajoules generated through internal production. This corresponds to a production share of 91.37%, reflecting a 217.35% percentage point increase from the previous year (2022) and a 8.85% percentage point increase since 2021.

Although Verbund's production share has remained fairly stable over the long term, the increase in the most recent year could signal early momentum toward greater self-reliance. This shift may reflect trial initiatives, newly installed capacity, or short-term operational adjustments.

Verbund's Energy Purchased vs Produced Over Time

202120222023035 M70 M105 M140 MGigajoules (GJ)91%89%91%9%11%9%
  • Total Energy Produced
  • Total Energy Purchased
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