The future of Greenergy’s biodiesel plant positioned in Immingham Docks on the Humber Estuary hangs in the balance without immediate aid. Acknowledged as a critical part of Lincolnshire’s economic backbone, this facility is one of the barely present biodiesel plants left within the UK borders. Substantial financial pressures are clouding the plant, as outlined by Paul Bateson, Greenergy’s Chief Operating Officer. These pressures include towering energy and personnel expenses as well as the competition posed by subsidised imports of hydrotreated vegetable oil (HVO) from the United States.
The role the Immingham plant holds in decreasing carbon emissions is central, achieved through producing biodiesel used in vehicles nationwide. Should it close, dramatic implications could be felt with regard to local employment opportunities and the region’s involvement in sustainable fuel creation, seeing as only four biodiesel plants remain functional within the country.
Broadening their focus in an attempt to protect domestic production, the UK Government is reportedly delving into the competitive environment, giving specific attention to the influence of American-imported HVO. What happens next is a matter of utmost importance, directly affecting both job sustainability and the durability of the UK’s biodiesel supply chain.
The Lincoln Post adapted this article from the original report by www.bbc.com.
