£260m investment pledged for renewable liquid fuels

George Webb
George Webb

Liquid Gas UK, the trade body representing the LPG and renewable liquid gas industry, has reported a £260m investment into the production of renewable liquid fuels.

Outlined in the ‘Pathway to Net Zero: Delivering our 2040 Vision’ report, launched in Westminster this week, the equivalent of circa 40,000 homes now use renewable liquid fuels, equating to 20% of the current LPG domestic market.

George Webb, CEO of Liquid Gas UK, said: “We’re delivering on the promises set out in our 2040 Vision. The industry’s transition to renewable liquid gases is advancing at pace, with over £100m invested in bioLPG alone.

“UK production of bioLPG is underway, with more capacity set to come on stream over the next decade. Adding to this, the new Dimeta plant in Teeside is set to produce 50,000 tonnes of rDME annually.

“Renewable liquid gas production is a reality, and offers a real decarbonisation pathway for homes and businesses that are unsuitable for electrification. These rural energy users need a greater choice of low carbon energy, and a mix of options including as renewable liquid gases. We need government to fully integrate liquid renewable gases into future policy.”

The LPG market in the UK is a £1 billion turnover industry, a statement added. Customers have access to a network of 15,000 LPG cylinder outlets and distributors, made possible by 110,000 tonnes of strategic storage capacity, and 210,000 tonnes of storage at customer level.

No posts to display