Oilfast UK is applauding the government’s latest declaration as they are set to remove the import measures for HVO from the United States. The Secretary of State for International Trade indicated that they would start to remove measures involving Hydrotreated Vegetable Oil (HVO) being imported from the USA into the UK, which was formerly construed by the EU. The oil industry is taking on the news with glee because for years they have been advocating for a greener option. After a comprehensive review by the Trade Remedies Authority, there have been interim sanctions in place since December 2021 in order to remove import tariffs for HVO.
HVO: What is it?
HVO fuel is a paraffinic diesel fuel that is accessible across the UK. HVO fuel is designed to EN15940 standard. Hydrotreated Vegetable Oil fuel is already producing revolutionary results in decreasing gas emission rates by up to 90% for businesses nationwide. It is the lowest-emission diesel replacement fuel on hand and if used, can eliminate fossil fuels in industries like haulage and agriculture.
UKIFDA
The United Kingdom and Ireland Fuel Distributors (UKIFDA) and Oil Firing Technical Association (OFTEC), CEOs Ken Cronin and Paul Rose, had this to say regarding the removal of import measures for HVO:
“This is welcome news. Increasing the availability of HVO in the USA at a time when we need to start decarbonising our heating stock is a smart decision by the government. Our project has shown that we can decarbonise rural homes quickly, without disruption and inexpensively using liquid renewable fuels. We are calling on the government to go further by signalling a move to treat the use of HVO across transport, aviation and home heating equally. Currently, HVO cannot be delivered to home heating customers as cheaply as those in transport and aviation. In addition, HVO is subject to much higher duties than the fossil fuel it replaces. Removal of these further anomalies would mean a huge kick start to be affordable and efficient rural home decarbonisation.”
Oilfast UK specialises in bulk fuel solutions for national clients. We produce a two-working-day (delivered) price for a range of products across the whole of the UK, including Gas Oil (Red Diesel), Derv (ULSD) and Kerosene (Heating Oil). Whether you are looking for wholesale fuel solutions for one site or specific deliveries for numerous locations across the UK (including Northern Ireland), Oilfast UK can make the fuel order process straightforward and seamless with additional benefits. We are also eager to become a company that advocates for a greener solution, and we emphasise this to all of our consumers.
HVO comes with a list of benefits that all businesses should be looking at implementing within their business, such as a reduction in gas emissions of up to 90%. A reduction in nitrogen oxide by 30%, and it is compatible with all off-road, light and heavy diesel engines. This is important for your home or business, as using this would drastically reduce your carbon footprint.
Want to purchase?
Here at Oilfast UK, we have our very own HVO. If you are looking for reasonable prices for HVO, give our committed sales team a call, and we’ll quote you a competitive price that works best for you and/or your business.
OilMaxx can deliver HVO fuel anywhere in England and Wales. Call your local depot to arrange an HVO order.