Intelligent Energy welcomes Government move to end subsidies on red diesel
Published on Wed 11 March, 2020
- Industries such as construction will need to look to cleaner solutions
- Removing subsidies will act as a catalyst to change
- Hydrogen fuel cells will play a key role as zero emission power source for the construction industry
LOUGHBOROUGH, Wednesday 11 March - Intelligent Energy, the fuel cell engineering company, welcomes news from today’s budget that the lower rate of fuel duty for diesel will be scrapped for some industries.
The relief tax allowed industries to pay as little as 11p of tax per litre for what is known as ‘red diesel’. The Chancellor, Rishi Sunak, announced the move in a bid to encourage industries to move to cleaner, greener solutions. The announcement comes amid growing concerns over climate change and air pollution and could now be a catalyst in encouraging industries like the construction sector to adopt to cleaner alternatives that are available now.
Lee Juby, Chief Sales Officer, at Intelligent Energy, commented: “The construction industry needs to scale back its use of fossil fuels and moves like the diesel tax relief being scrapped should encourage the sector to look at viable alternatives.
“The move will be a challenge to the construction industry. By their very nature construction sites do not have readily available power sockets. Provision of electricity at sites is usually provided by a proliferation of small portable diesel generators. Small generators have lower efficiency and lower emission controls than larger generators. They are dirty, noisy, and emit emissions which are both harmful to the environment and operators’ health.
“We already have several customers who service the construction industry and we are seeing more and more interest in our zero emission Fuel Cell Modules. These modules are being integrated into applications like welfare cabins, lighting towers and portable power solutions.”
For information on Intelligent Energy fuel cell products visit www.intelligent-energy.com/our-products
About Intelligent Energy
Intelligent Energy is focused on the development and manufacture of its Proton Exchange Membrane (PEM) fuel cell products for customers in the automotive, aerospace, generator, telecoms, materials handling and unmanned aerial vehicle (UAV) sectors. Intelligent Energy is built on 30 years of PEM fuel cell development. Following acquisition by Meditor Energy, part of the Meditor Group, in October 2017 Meditor has accelerated investment to facilitate further development and commercialisation of the technology and expansion of the product offering. The company is headquartered and manufactures in Loughborough in the UK, with additional offices and representation in the US, Japan, China and South Korea.