UK biofuel supplier Green Biofuels (GBF) has launched Ireland’s first renewable biofuel terminal in a built facility in Cork Harbour.
The facility took its first cargo delivery on 11 January. Through its Irish business Green D Project Limited, the new terminal is a major commitment by GBF to Ireland’s cleaner energy infrastructure for transport and generator power, further accelerating the transition to net-zero.
The terminal will act as both an import facility to service the accelerating demand for HVO renewable fuel in Ireland and a blending/export facility to enable the collection and use of renewable fuels overseas.
The terminal investment is the next stage in the GBF’s rapid growth and increased distribution of its flagship product, Gd+ HVO.
GBF has supplied in excess of 200 million litres of Gd+ HVO to the UK over the past year covering different sectors, including construction, logistics and marine industries.
Ireland’s Climate Action Plan follows the Climate Act 2021 and commits Ireland to a legally binding target of net-zero greenhouse gas emissions no later than 2050, with a reduction of 51% by 2030. The brownfield site identified for investment by GBF repurposes a previous development that has sat idle for over 10 years and serves as a springboard for Ireland’s ambitions to decarbonise, cut emissions and create a cleaner economy.
This investment also provides the Cork Harbour economic area with a much-welcomed boost to job opportunities and trade activities.
Magnus Hammick, COO of GBF, said: “We are really excited about this project and constructing the first low-carbon fuel terminal in Ireland in support of its Climate Action plan.
“We are committed to making a difference in every possible situation, and the low-carbon fuel terminal will allow us to expand our supply and grant our customers the ability to make a positive change by significantly reducing their carbon emissions and improving local air quality by using our drop-in replacement fuels. No capex or infrastructure a simple switch from Diesel to Gd+ HVO.”
GBF will initially use 38 million litres of the overall terminal capacity for Gd+ HVO fuel, which equates to a potential lifecycle CO2e emissions saving of over 100,000 tonnes on each tank refill cycle compared to conventional diesel fuel. GBF aims to grow the capacity of the facility to hold a total of 53 million litres.
In 2021, Ireland imported just over 8 million litres in total of this advanced biofuel. Effectively GBF is substantially increasing the security of supply of Gd+ HVO in the UK and Atlantic basin markets in line with exponential growth in global production expected in the next five years.
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