Fuel Oil News January 2020 | Page 7

News Could synthetic fuels be available in the next decade? UPEI calls on European governments to be technology neutral arbon-neutral fuels can be made with synthetic  hydrocarbons produced by chemical reactions between carbon dioxide, captured from power plants or the air, and hydrogen, created by the electrolysis of water using renewable energy. According to Stephan Kunter, managing director and CEO of the Elaflex group who spoke at the APEA conference in November ‘synthetic fuels could make a major contribution to reducing carbon emissions from transport without making changes to infrastructure or vehicles’. A method of extracting CO2 directly from the air is being pioneered by Carbon Engineering in Canada, backed by private investors, including Chevron (see page 21) and government agencies.  Only slightly more expensive than fossil fuels, the direct air capture system can remove a tonne of CO2 from the air for about $100, with one plant able to capture about a million tonnes of CO2 per year. The question is will electrification deter support? epresenting Europe’s independent fuel suppliers, UPEI is in a unique position to offer perspectives to the EU long-term strategy and contribute to the ongoing decarbonisation consultation process. UPEI members are fully committed to providing flexible, affordable and clean energy to the consumer, to meet Europe’s short and long-term climate objectives. Published last year, the UPEI 2050 vision promotes the use of alternative fuels and the improvement of energy efficiency to reduce emissions immediately, while developing carbon neutral fuels to suit all needs and applications in the longer term. Significant cost savings will result from using the existing infrastructure to store, move and distribute energy products. The deployment of low and carbon neutral fuels in liquid and gaseous forms can therefore happen immediately, making the most of existing assets. Moreover, independent fuel suppliers are already active and investing into developing the distribution of a greater variety of fuels and energies to satisfy evolving consumer demands. To make this vision a reality, policy enablers are needed. UPEI calls upon governments to adopt a technology neutral approach to the energy transition; ensure a stable policy framework, favourable to investments; define long-term targets rather than market bans; consider social acceptance and affordability; and support innovation in low carbon fuels. upei.org/upei-2050-vision C Boiler longevity R F uel Oil News was delighted to read about an oil boiler which has been supplying heat to a Devon home for almost 50 years – and even more interested to find out which fuel distributor(s) have kept this English-made Hotspur boiler topped up for so long! Testament to the reliability of oil-fired boilers, the owners had apparently ‘never experienced any problems’ which may be due to the fact that the same man had serviced the boiler every year! It remains to be seen if the newly installed boiler can live up to its predecessor… Greenergy release I n May this year, the Serious Fraud Office (SFO) announced it was investigating certain aspects of biodiesel trading at Greenergy and various third parties as part of a broader investigation. The SFO has informed the company and our employees that they are no longer suspects in an ongoing investigation. “We are pleased that both the company and our employees have now been released from the investigation. We would like to thank our staff for their professionalism and dedication during this time. “Our success as a business has been built upon our values of integrity, honesty, openness and respect, and these values will continue to guide us.” Fuel Oil News | January 2020 7