- Energy consumption
Energy consumption is a central focus in the environmental action plans defined by VINCI companies, which aim both to reduce the amount of energy they use and use low-carbon energy whenever possible. In absolute terms, total energy consumption came to 10,686,843 MWh in 2023, compared with 9,506,206 MWh in 2022, rising by 12% (5% excluding Cobra IS). Total fuel consumption rose by 6% (5% excluding Cobra IS) and electricity consumption by 11% (6% excluding Cobra IS). This surge in total energy consumption is mainly attributable to acquisitions by VINCI Airports and VINCI Energies included in the reporting scope in 2023 and increased power needs for certain larger construction sites.
Total energy consumption by business line, with change
| (MWh) | Fuels(*)(**) | Electricity(**) | Of which renewable energy(**) | Total energy consumption in 2023(**) | Consumption by business line (%) | Total energy consumption in 2022(**) | 2023/2022 change |
|---|---|---|---|---|---|---|---|
| Concessions | ConcessionsFuels(*)(**)269,254 | ConcessionsElectricity(**)626,667 | ConcessionsOf which renewable energy(**)485,348 | ConcessionsTotal energy consumption in 2023(**)895,922 | ConcessionsConsumption by business line (%)8% | ConcessionsTotal energy consumption in 2022(**)730,249 | Concessions2023/2022 change+23% |
| VINCI Autoroutes | VINCI AutoroutesFuels(*)(**) 79,321 |
VINCI AutoroutesElectricity(**) 112,692 |
VINCI AutoroutesOf which renewable energy(**) 113,461 |
VINCI AutoroutesTotal energy consumption in 2023(**) 192,013 |
VINCI AutoroutesConsumption by business line (%) 2% |
VINCI AutoroutesTotal energy consumption in 2022(**) 191,512 |
VINCI Autoroutes2023/2022 change 0% |
| VINCI Airports | VINCI Airports Fuels(*)(**)167,781 |
VINCI Airports Electricity(**)484,817 |
VINCI Airports Of which renewable energy(**)368,849 |
VINCI Airports Total energy consumption in 2023(**)652,597 |
VINCI Airports Consumption by business line (%)6% |
VINCI Airports Total energy consumption in 2022(**)499,188 |
VINCI Airports 2023/2022 change+31% |
| Other concessions | Other concessions Fuels(*)(**)22,152 |
Other concessions Electricity(**)29,159 |
Other concessions Of which renewable energy(**)3,038 |
Other concessions Total energy consumption in 2023(**)51,311 |
Other concessions Consumption by business line (%)0% |
Other concessions Total energy consumption in 2022(**)39,549 |
Other concessions 2023/2022 change+30% |
| VINCI Energies | VINCI EnergiesFuels(*)(**)1,299,154 | VINCI EnergiesElectricity(**)128,383 | VINCI EnergiesOf which renewable energy(**)88,366 | VINCI EnergiesTotal energy consumption in 2023(**)1,427,537 | VINCI EnergiesConsumption by business line (%)13% | VINCI EnergiesTotal energy consumption in 2022(**)1,346,558 | VINCI Energies2023/2022 change+6% |
| Cobra IS | Cobra ISFuels(*)(**)538,529 | Cobra ISElectricity(**)163,082 | Cobra ISOf which renewable energy(**)3,753 | Cobra ISTotal energy consumption in 2023(**)701,611 | Cobra ISConsumption by business line (%)7% | Cobra ISTotal energy consumption in 2022(**)- | Cobra IS2023/2022 change0% |
| VINCI Construction | VINCI ConstructionFuels(*)(**)6,951,059 | VINCI ConstructionElectricity(**)674,263 | VINCI ConstructionOf which renewable energy(**)182,766 | VINCI ConstructionTotal energy consumption in 2023(**)7,625,322 | VINCI ConstructionConsumption by business line (%)71% | VINCI ConstructionTotal energy consumption in 2022(**)7,404,407 | VINCI Construction2023/2022 change+3% |
| VINCI Immobilier | VINCI ImmobilierFuels(*)(**)17,281 | VINCI ImmobilierElectricity(**)19,170 | VINCI ImmobilierOf which renewable energy(**)337 | VINCI ImmobilierTotal energy consumption in 2023(**)36,452 | VINCI ImmobilierConsumption by business line (%)0% | VINCI ImmobilierTotal energy consumption in 2022(**)24,992 | VINCI Immobilier2023/2022 change+46% |
| Total | TotalFuels(*)(**)9,075,278  |
TotalElectricity(**)1,611,565 |
TotalOf which renewable energy(**)760,569 |
TotalTotal energy consumption in 2023(**)10,686,843 |
TotalConsumption by business line (%)100% | TotalTotal energy consumption in 2022(**)9,506,206 | Total2023/2022 change+12% |
| Total excl. Cobra IS | Total excl. Cobra ISFuels(*)(**)8,536,749 | Total excl. Cobra ISElectricity(**)1,448,484 | Total excl. Cobra ISOf which renewable energy(**)756,817 | Total excl. Cobra ISTotal energy consumption in 2023(**)9,985,232 | Total excl. Cobra ISConsumption by business line (%)
|
Total excl. Cobra ISTotal energy consumption in 2022(**)9,506,206 | Total excl. Cobra IS2023/2022 change+5% |
(*) Fuels: diesel, natural gas, petrol, heavy fuel oil, coal, LPG/propane, used oils, biofuels, heat/steam/refrigeration networks.
(**) Data extrapolated to cover 100% of VINCI’s revenue.
Data checked to a level of reasonable assurance.
VINCI Construction accounts for 71% of the Group’s total energy consumption, mostly due to its industrial activities and worksites. The energy mix remains relatively stable. Fuel, especially diesel fuel, is the energy source that the Group uses the most, primarily to power site machines and its fleet of vehicles. The consumption of high-carbon fuels, such as heavy fuel oil and coal, accounts for about 2% of the Group’s total energy consumption and biofuels 2%.
Total energy consumption (MWh)
- Diesel
- Natural gas
- Electricity
- Petrol
- Heavy fuel oil
- Coal
- Propane/LPG
- Biofuels
- Used oils
- Use of renewable energy
In addition to the initiatives taken by VINCI companies to reduce their energy consumption, the use of electricity from renewable sources and biofuels has risen sharply since 2018. In 2023, 599,327 MWh of renewable electricity was used, representing an increase of 14% compared with 2022. Renewable electricity used accounted for 37% of total electricity used (41% excluding Cobra IS, compared with 38% in 2022) and came from three sources: 480,786 MWh through purchases of guarantee of origin certificates, 72,117 MWh under power purchase agreements and 46,424 MWh of sites’ own energy production and self consumption. VINCI Concessions was responsible for 77% of the Group’s self consumption of electricity produced on site, increasing 27% compared with 2022. Biofuel consumption totalled 161,243 MWh, of which 61% was used by VINCI Construction.
37% of electricity used was from renewable sources in 2023
Change in renewable energy consumption
| (MWh) | 2023 | 2022 | 2023/2022 change | 2021 |
|---|---|---|---|---|
| Total renewable energy consumption(*) | Total renewable energy consumption (*)2023 760,569 |
Total renewable energy consumption (*)2022579,605 |
Total renewable energy consumption (*)2023/2022 change+31% |
Total renewable energy consumption (*)2021207,069 |
(*) Data extrapolated to cover 100% of VINCI’s revenue.
Data checked to a level of reasonable assurance.