Fuel Oil News May 2020 | 页面 20

Inside Out Future heating – kerosene demand scenarios THERE REMAINS MUCH UNCERTAINTY AROUND THE FUTURE PROSPECTS FOR THE ROLE OF LIQUID HEATING FUEL IN HELPING TO ADDRESS THE UK’S DECARBONISATION ‘CHALLENGE’. SINCE LEGISLATION MAY NOT BE PUT IN PLACE FOR SOME TIME TO COME, WE LOOK BELOW AT POTENTIAL FUTURE DEMAND SCENARIOS FOR THE USE OF KEROSENE IN HEATING. Past perspective revisited trajectory of the consumption of heating oil which is currently used by around 1.5 million homes and 200,000 – 250,000 rural businesses: Seven years ago in 2013, ‘Inside Out’ considered a range of future demand scenarios for the use of kerosene as a heating fuel in the UK, updating these three years later in 2016, in the light of trends and developments in the intervening period. Since 2020 was the ‘end point’ of those forecasts, it seems timely to revisit the scenarios to see how they measure up against where we are now. 2016 demand scenarios 1. Government policy on future heating in buildings A policy statement published last year ‘plans to consult on regulatory options to phase out the installation of fossil fuel heating systems in off gas grid buildings’ and ‘to explore and test the different approaches to heat decarbonisation, for buildings on and off the gas grid, particularly looking at the role of heat networks, heat pumps, hydrogen and biogas’. 2. The UKPIA ‘Future Vision’ The ‘best’ case assumed an average 1% pa reduction in consumption, largely driven by improved boiler efficiencies and better building insulation with a resultant projected 2020 demand level of 2.38 billion litres (1.90 million mt). The ‘average’ case, in addition to the above factors, also assumed a measure of attrition of existing heating oil outlets in the face of governmental efforts/initiatives to promote renewable sources, effecting a 3% pa decline in consumption and a resultant projected 2020 demand level of 2.15 billion litres (1.72 million mt). The ‘worst’ case was built on the previous case but assuming a more aggressive governmental pursuit of its 2020 goal for adoption of renewable heating sources, with the projected outcome being a 25% demand reduction by 2020 to a market of 1.88 billion litres (1.50 million mt). Demand evolution The table below indicates how the actual demand for kerosene for heating has evolved since the 2016 forecasts. (000 Tonnes) Year 2015 2016 2017 2018 2019 (Prov.) Demand 1,921 1,939 1,886 1,869 1,875 Source: Dept. for Business, Energy & Industrial Strategy- Petroleum Products, Commodity Balances (Dukes). As indicated, the overall market has remained remarkably stable since the demand scenarios were developed four years ago, so that the actual outturn for 2020 will approximate most closely to the ‘best’ case scenario. Unveiled in July last year, this makes two unequivocal statements about cessation of supply of heating oil for properties off the gas grid in ‘the 2020s’. Under ‘Options for decarbonisation’ – phase out high carbon fossil fuel heating for new and existing buildings and housing off the gas grid during the 2020s Under ‘All scenarios’ – use of liquid fuels for space heating falls to very low levels in the 2020s and is only retained for buildings (mostly historical) which are difficult to retro-fit. The liquid fuels to be replaced by other energy carriers, especially renewable electricity and green hydrogen. 3. OFTEC’s ‘An Industrial Strategy for decarbonising oil heated homes’ Published in November 2019, this research concluded that transition to a low carbon liquid fuel, B100 (100% biofuel), has the potential to deliver the highest carbon reduction impact of any off gas grid heating technology for the lowest overall cost over the lifetime of the appliance. As a result, the organisation proposes the phased introduction of sustainable low carbon liquid fuels: • A 70:30 kerosene: biofuel blend by 2027 • A 100% sustainable low carbon liquid fuel by 2035 As things stand, neither government policy intentions nor the UKPIA ‘Future Vision’ appear to make any explicit consideration of a possible role for a sustainable, low carbon liquid fuel solution in the domestic heating sector. With this in mind, three alternative scenarios for the next five years are framed below. Looking ahead to 2025 Heating oil demand scenarios for the period 2020 to 2025 Given that the level of uncertainty is likely to rise significantly over time, the demand scenarios outlined below take 2025 as a manageable horizon for projection. Three factors in particular, will have a critical bearing on the future The ‘best case’ comprises two elements: A)   Continued improvements in boiler efficiencies and building insulation standards and B)  G  overnment acceptance of a future role for low carbon liquid fuels 20 Fuel Oil News | May 2020