WEC Energy Group Inc

Common Name
WEC Energy Group
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
7,000
Ticker
WEC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
WEC Energy Group Inc. is a prominent utility holding company engaging in electric and natural gas distribution and energy services across multiple U.S. states, including Wisconsin and Illinois. Establ...

WEC Energy Group Energy Data Preview

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

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

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

Metric (GJ)2024202320222021 - 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
Energy Sold
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

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 WEC Energy Group's Energy Renewability

In 2023, WEC Energy Group consumed a total of 10.16 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.

WEC Energy Group's Energy Renewability Rate

0%

How much of WEC Energy Group's energy consumed is renewable?

In 2023, WEC Energy Group consumed a total of 10.16 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 WEC Energy Group has considerable room to improve its energy sustainability strategy.

Insights into WEC Energy Group's Energy Consumption & Production Mix

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

WEC Energy Group's Energy Consumed by Sources and Technologies

Coal(66.1%)Other Gaseous Fuel(19.1%)Electricity(Unspecified Source)(14.6%)

What are the main sources and generation technologies behind WEC Energy Group's energy consumption?

In 2023, WEC Energy Group's total energy consumption was primarily sourced from

  • Coal (66.12%)
  • Other Gaseous Fuel (19.06%)
  • Electricity (Unspecified Source) (14.64%)

How diverse is WEC Energy Group’s energy consumption mix?

In 2023, WEC Energy Group 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 WEC Energy Group to produce energy?

In 2023, WEC Energy Group's energy production came primarily from

  • Other Gaseous Fuel (41.17%)
  • Coal (39.12%)
  • Wind Energy (15.42%)

How diverse is WEC Energy Group’s energy production mix?

In 2023, WEC Energy Group produced energy using 7 different sources or generation technologies. While moderately diverse, the production mix shows a partial dependence on Other Gaseous Fuel (41.17%).

WEC Energy Group's Energy Produced by Sources and Technologies

Other Gaseous Fuel(41.2%)Coal(39.1%)Wind Energy(15.4%)

Insights into WEC Energy Group's Energy Inflows & Self-Sufficiency

In 2023, WEC Energy Group reported total energy inflows of 139.23 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 1.5 million Gigajoules purchased from external suppliers and 137.73 million Gigajoules generated through internal production. This corresponds to a production share of 98.92%.

WEC Energy Group's Energy Purchased vs Produced Over Time

2023035 M70 M105 M140 MGigajoules (GJ)99%
  • Total Energy Produced
  • Total Energy Purchased
Want Full Access to WEC Energy Group's Energy Dataset?
Sign Up