Is biodiesel a profitable business?
Rescue anchor for CNG filling stations: VERBIO supports the use of the revenue potential from the GHG quota
Leipzig, December 12, 2017. The Federal Cabinet has approved the content of the 38th BImSchV (Federal Immission Control Ordinance); they come into force on January 1, 2018. This opens up new opportunities to increase the profitability of CNG filling stations - for some locations, probably without exaggeration, the last lifeline to prevent closure.
The ordinance allows the greenhouse gas savings potential of CNG to be offset against the fulfillment of the GHG quota (greenhouse gas reduction quota). In addition to biomethane, from January 1, 2018, power-to-gas products and fossil natural gas can therefore also be counted towards the GHG quota to be met by the mineral oil companies.
“So far, only biogenic fuels have been approved to meet greenhouse gas reductions. With the recognition of CNG and LNG as fulfillment options for reducing greenhouse gases in the fuel market, there are now additional revenue opportunities for operators of CNG filling stations in order to increase the profitability of the stations ”, says Andreas Bodenmüller, Head of Trade at VERBIO AG. “The CNG filling station operator can now take on the quota obligation of a mineral oil company thanks to the emission savings that CNG has compared to the legally stipulated reference emission value for petrol and diesel. This opens up additional business for him, which improves the profitability of the petrol station. "
The key to making the best use of this potential is having a strong and experienced partner who can make this business profitable and secure.
As a biofuel producer with a broad product portfolio (verbiodiesel, verbioethanol, verbiogas), VERBIO has many years of experience in the field of quota transfer. VERBIO works very closely with the mineral oil industry in its day-to-day business and has been offering complete solutions to meet the GHG quota for many years. As a result, VERBIO can provide a tried and tested process and achieve market-driven conditions - even for petrol stations that only sell small quantities of CNG.
“All customers who offer verbiogas at their CNG filling stations are already using this model together with us. Now we are also available to all other CNG filling station operators as partners and intermediaries for the assumption of quota obligations, ”says the VERBIO contact person, Peter Küppers, explaining the new range of services from VERBIO. “Of course, we still have the goal of converting even more CNG filling stations to 100 percent biomethane. Because straw in the tank is basically the better alternative for climate protection. But it is currently also about securing the basic CNG infrastructure and improving the cost structure for the filling station operators. "
Contact person for CNG filling station operators for advice and brokering the transfer of quotas at VERBIO AG:
Phone: +49 (0) 341 308530-259
Email: [email protected]
Information on VERBIO Vereinigte BioEnergie AG (VERBIO)
VERBIO is one of the leading, independent manufacturers and suppliers of biofuels and at the same time the only large-scale industrial producer of biodiesel, bioethanol and biomethane in Europe. The production capacity is around 470,000 tons of biodiesel, 260,000 tons of bioethanol and 600 gigawatt hours of biomethane per year. The company uses energy-saving production processes and innovative technologies that it has developed in-house to manufacture its highly efficient fuels. The biofuels from VERBIO achieve CO2 reductions of up to 90 percent compared to petrol or diesel. VERBIO delivers its products directly to the European mineral oil companies, mineral oil trading companies, independent petrol stations, freight forwarders, municipal utilities and vehicle fleets. In addition, VERBIO sells high-quality pharmaceutical glycerine for the consumer goods and cosmetics industry (glycerine is a by-product of biodiesel production) as well as feed and fertilizers as by-products of bioethanol or biomethane production. VERBIO Vereinigte BioEnergie AG acts as a management holding company within the group. The operating business is carried out by the subsidiaries VERBIO Diesel Bitterfeld GmbH & Co. KG, VERBIO Diesel Schwedt GmbH & Co. KG, VERBIO Ethanol Schwedt GmbH & Co. KG, VERBIO Ethanol Zörbig GmbH & Co. KG, VERBIO Agrar GmbH, VERBIO Logistik GmbH and VERBIO Polska Sp. Z oo The VERBIO share (ISIN DE000A0JL9W6 / WKN A0JL9W) has been listed in the Prime Standard of the Frankfurt Stock Exchange since October 2006.
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