A major new report has found that the potential availability of Renewable Liquid Fuels (RLFs) in Europe and North America based on projected feedstocks will far outweigh potential demand by 2030.
The gap created means that there will be more than enough RLF to heat the UK’s 1.7m off-grid homes using heating oil, replacing the current fossil fuel and achieving a carbon saving of up to 88%.
The research was conducted by Portland Analytics and commissioned by the UK and Ireland Fuel Distributors Association (UKIFDA) on behalf of the Future Ready Fuel campaign.
Ken Cronin, UKIFDA CEO, commented: “The industry has invested heavily in showing that Hydrotreated Vegetable Oil (HVO), the leading RLF currently available in this country, can replace the incumbent fossil fuel, kerosene, in domestic home heating systems with a small upfront investment by the householder of around £500.
“The conversion process takes less than one hour and results in a massive carbon saving of up to 88%. To complement technical work, UKIFDA set about demonstrating that there would be enough renewable liquid fuel from sustainable sources to cover the total demand – this report firmly confirms that to be the case.”
Paul Rose, OFTEC CEO, added: “We are now calling on government to urgently work with the industry to remove the remaining barrier to allow up to 1.7m “hard to treat” oil heated homes in the UK to decarbonise by extending the current RTFO system that reduces consumer prices for RLFs in transport and aviation to rural home heating.”
•UKIFDA and OFTEC launched the HVO Demonstration Project in October 2021 with the aim of introducing the renewable liquid Fuel, HVO, into premises across the UK.
•The initiative followed a trial in 2020 across 20 homes, which demonstrated there were no technical limitations to using HVO as a direct ‘drop-in’ replacement for kerosene.
•The first property was converted in November 2020 and since then nearly 150 have been converted across the UK, from Cornwall to the Scottish Highlands and have included residential properties, schools, churches, pubs and the buildings housing COP 26.
•To support this process, OFTEC and UKIFDA formed the Future Ready Fuel campaign to ensure that users of home heating oil can be more informed of the choices they have. More information can be found here: https://www.futurereadyfuel.info