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CORNWALL LEADING HVO DRIVE
that have been using HVO successfully for over a year.”
Ken Cronin, CEO of UKIFDA, added: “I am delighted to see this fuel being delivered. We have an ambition to convert as many of the 1.7 million homes as possible that use heating oil to HVO, reducing their carbon emissions but also avoiding the very high upfront costs of alternative decarbonisation technologies such as heat pumps.”
The US is the world’s second largest producer of HVO, with the US Department of Energy recently forecasting that renewable fuel production will double in the US in the next two years.
However, the business ran into financial problems earlier this year following its illfated launch attempt from Newquay.
The company then announced in March that it was axing 675 employees – 85% of its workforce – and ceasing operations “for the foreseeable future” after failing to secure new investment.