Renewal Energy and alternative energy sources will continue to become more important as climate change mitigation becomes even more critical in the wake of major changes in weather patterns. Melting of icebergs, massive storms and tycoons and desertification unseen earlier are attributed to global warming phenomenon resulting from increase in emission of green -house gases.
Biofuels are promoted in Europe to lessen consumption of fossil fuels to reduce emissions of green- house gases. The demand for biofuels in Europe is ever increasing and is estimated at 14 million tons per annum. First generation biodiesel plant and new generation HVO plants with added installation capacity will exert further pressure on supply of sustainable feedstocks such as Used Cooking Oil and other waste oils.
The trend is to use waste and residues as the feedstock for sustainable biofuel production. Agricultural Biomass, Forest Biomass and waste & residue feedstock is currently more emphasised in Europe for energy conversion. Virgin vegetable Oil primarily meant for food will not be preferred feedstock option in the future.
In South East Asia, energy conversion from hydro power, solar, biomass from plantation and waste & residue will become important alternative sustainable sources.
Amongst all the alternative sources of renewal energy, liquid waste such as used cooking oil would require little infrastructure requirement for further operations and would appeal as a preferred sustainable feedstock, as it is already at the end its product life cycle.
FatHopes places more importance to green initiatives and strives at responsible disposal of waste oils and choses environmentally sustainable methods for handling waste and residue biomass.
Our Sustainability Policy
The organization was founded with the three key pillars of sustainability as a solid foundation in its business. These pillars of sustainability are prioritized with economic first, social second and environmental sustainability third. FatHopes constantly develops and improves the internal sustainability policies and guidelines, enabling it to consistently produce high environmentally-compliant products, primarily fuel.
As part of the company’s policy, FatHopes Energy maintains thorough quality standards and a reputation of high integrity, all the while bench marking its success against actual carbon reductions from products delivered.