Circle K’s fuel station located at Dublin Port will be the first to fuel the fleet with HVO renewable diesel, with work underway at two further locations in Galway and Cork, to ensure Circle K’s full fleet of vehicles will be powered by milesBIO HVO100 by early next year.

milesBIO HVO100 is a completely fossil-free biofuel made from waste, by-products and derived products not intended for human consumption from the food industry and can be used to power diesel vehicles. HVO alternative diesel offers an up to 90% reduction in carbon emissions over regular diesel, which will help to greatly reduce the emissions from Circle K’s fleet of fuel delivery vehicles.

While milesBIO HVO100 is new to Circle K Ireland, this renewable diesel has been available across Scandinavia at Circle K locations in Norway, Sweden and Denmark in recent years, which is helping to guide the introduction of the renewable diesel here.

milesBIO HVO100 will also be available to commercial customers at Circle K’s service station in Dublin Port, with the product to be rolled out at Circle K’s locations in Cork and Galway in the coming months, to support commercial customers in decarbonising the journeys of their own respective fleets. Circle K anticipates that organisations operating large fleet transport vehicles in sectors such as refuse, retail, and logistics amongst others will benefit greatly from this new product.

Today’s announcement is just one of the ways Circle K is leading innovation within the fuel retail sector and supporting the Irish Government in its ambition to reduce transport carbon emissions by 50% by 2030.

Alongside the use of milesBIO HVO100 to power its fuel delivery fleet, Circle K supports the proposed move from E5 to E10 in petrol products in the Irish market, which would increase the level of ethanol in petrol from 5% to 10%, thus significantly reducing carbon emissions.

Circle K is already supporting the commercial freight and haulage sectors, being the only forecourt to offer Compressed Natural Gas (CNG) refuelling stations at Dublin Port, Cashel, Clonshaugh and Ballysimon in Limerick, with City North to follow.

With more Irish motorists opting for EVs, Circle K is adapting to keep pace with this change. Circle K is preparing for this future now and through its strategic partnerships with ESB, IONITY and Tesla, the business already has the most advanced EV charging network within the forecourt sector in Ireland, with EV charging facilities located at 37 service stations nationwide and continues to add to this network.

Jonathan Diver, Fuels Director with Circle K Ireland commented: “Circle K is committed to implementing environmentally sustainable practices across our product range and operations as well as supporting our customers to reduce their level of carbon emissions.

“The launch of milesBIO HVO100 across our fleet of delivery vehicles will have a significant impact in reducing emissions across our Irish operations and once fully rolled out early next year, will equate to the emissions of over 2,000 cars being removed from the road.

“milesBIO HVO100 is a renewable diesel product that combines both excellent technical and environmental properties, that significantly reduces the net carbon emission when compared to regular diesel fuel, while at the same time offering the same performance as conventional diesel.”

“We are delighted to be introducing alternative fuels of this nature to Circle K Ireland and hope our lead will encourage others to do the same.”

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Mr Looney told the audience his ambition is to transform BP into a net zero carbon emissions company by 2050 by increasing its investments in renewable energy technologies and companies.

One of the projects with which the company is currently involved is a survey of the waters around Britain involving five ships and 200 personnel to gauge its potential for further offshore energy locations.

He also detailed how BP has become the biggest provider of fast-chargers for electric vehicles in Germany and that this is key focus for the company.

He said the ‘world is changing at pace…the battle is over and EV’s have won…’ although he thinks it will be some time for EV sales to take over from petrol and diesel.

Mr Looney, from Kenmare in Co Kerry, joined BP in 1991 after graduating from UCD with an honours degree in electrical engineering.

Following a career which stretched from the North Sea to Mexico and Alaska, he rose to become CEO in February 2020.

He said the war in Ukraine had highlighted what he terms the ‘energy trilemma’ which is the need to deliver secure, affordable and low carbon energy.

He told the audience: ‘…the conversation has been focused on one element of that trilemma…how do we drive emissions down…’ but said more needed to be done to deliver secure energy.

Mr Looney said the job of BP was to continue to invest in hydrocarbons but less than they used to and at the same time ‘… investing at scale to accelerate the transition…’ to renewable energy.

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“It is immoral for oil and gas companies to be making record profits from this energy crisis on the back of the poorest people and communities and at a massive cost to the climate,” said Mr Guterres at the launch of the third report of his Global Crisis Response Group on Food, Energy and Finance.

The combined profits of the largest energy companies in the first quarter of this year are close to $100 billion, he noted.

He urged all governments to tax these excessive profits and use the funds to support the most vulnerable people through the current difficult times.

All countries, and especially developed countries, must manage energy demand. Conserving energy, promoting public transport and nature-based solutions are essential components of that, he said.

There is also a need to accelerate the transition to renewables, which in most cases are cheaper than fossil fuels. At the same time, private and multilateral finance for the green energy transition must be scaled up, he said.

Every country is part of this energy crisis, and all countries are paying attention to what others are doing.

Mr Guterres said the energy crisis is a global issue, expressing the hope that the recommendations in the report could help ease the energy crisis.

“I think the question is global. It has to do with the availability of the different sources of energy globally. And for that, I believe the measures that we have announced should lead the markets to stabilisation and the reduction of prices,” he said.

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