Non-regulatory
ReFuels expands UK biomethane network with 12th refuelling station at Corby
19 July 2023 – ReFuels N.V., one of Europe's leading suppliers of renewable biomethane (Bio-CNG) for decarbonisation of heavy goods vehicles, has opened a new refuelling station at Corby in Northamptonshire. This is the 12th public access Bio-CNG station operated by ReFuels in the UK under the CNG Fuels brand.
"The expansion of our nationwide station network is an important part of our growth strategy. The station in Corby will serve heavy goods vehicles (HGVs) along major trucking routes in the East Midlands of England and enable more customers to transition to sustainable and renewable biomethane as a fast-track fuel for reducing CO2 emissions," said Philip Fjeld, the CEO and co-founder of ReFuels.
HGVs are very hard to decarbonise due to demanding duty cycles, payload and low production volume. They account for an estimated 4.2% of UK carbon emissions and are a target sector for the UK Government's goal of achieving net zero by 2050. Bio-CNG is considered the lowest carbon and most cost-effective alternative HGV fuel to diesel, reducing emissions whilst also providing 30-40% lifetime fuel cost savings.
“In 2021 we set targets to ensure we help create a more sustainable future for our planet and people. As part of this work, we are transitioning some of our HGVs to Biomethane CNG, which significantly reduces their emissions when compared to diesel. We’re delighted CNG Fuels selected Corby for their latest refilling station as this enables Jacksons to increase the routes fuelled by Biomethane CNG,” said Owen Elliott, MD for Jacksons Bakery
The station at Corby is owned by a joint venture (JV) with Foresight Group. It comprises 12 fuel pump islands, allowing more than 60 trucks to be refuelled per hour with a total capacity of more than 25 million kilograms (kg) of Bio-CNG annually. It will serve local and passing fleets using the A43 road and introduce East Midlands fleets to Bio-CNG as a low-carbon transport fuel for HGVs.
The current CNG Fuels network in the UK can refuel more than 6,000 HGVs daily. This equals an annual dispensing capacity of more than 264,000 tonnes of biomethane annually and a potential saving of more than 750,000 tonnes of CO2 emissions annually when compared to diesel. The year-end 2025 target of 30-40 stations in operation equals a total capacity of up to 15,000 HGVs per day and more than 600 million kg of biomethane annually.
ReFuels has one more station under construction in Bangor, North Wales, which is due to start operations in the next two months. At least four further stations are expected to commence construction during the calendar year.
To receive ReFuels' stock exchange and press releases via email, subscribe at refuels.local/investors
For further information, please contact:
Philip Fjeld, CEO ReFuels N.V.
Tel: +44 7976 159 833
E-mail: Philip.Fjeld@refuels.local
About ReFuels
ReFuels is decarbonising Europe's truck fleet by developing, owning, and operating green refuelling station infrastructure. We are rolling out a network of reliable and convenient stations offering renewable biomethane fuel to heavy goods vehicles, with hydrogen and fast charging to be added. By the end-2025 the target is to have 30-40 stations across the UK, while the long-term ambition is to become Europe's leading integrated supplier of alternative fuels for commercial fleets. For further information please visit refuels.local.