New TSA report: the role of the bulk liquid storage sector in the energy transition

Written by John Reynolds

January 16th, 2020

Industry News

The bulk liquid storage sector and associated logistics will play an important role in supporting access to the broad mix of energy solutions that will be necessary to meet the UK’s emissions reduction targets, according to the Tank Storage Association’s Executive Director, Peter Davidson.

Mr Davidson’s comments came as part of a press release in support of the publication of a new report by the TSA. The report, entitled Enabling the energy transition: the role of the bulk liquid storage sector, explores the role of the bulk liquid storage companies within the fast-changing energy landscape.

“The UK’s bulk liquid storage sector supports growth and prosperity by importing, exporting, storing and blending liquid products that are integral to our daily lives,” said Mr Davidson.

“As essential energy partners, we are determined to up the ante and ensure that our sector can support and facilitate access to the broad mix of energy solutions that will be necessary to meet the UK’s emissions reduction targets.”

The bulk liquid sector, continued Mr Davidson, is ready to work together with the UK Government and all partners towards “achieving our ambitious vision for the future of the bulk liquid storage sector”.

According to the TSA, the bulk liquid storage sector is already active in many of the areas of growth that will drive success going forward in the changing energy landscape.

Looking further ahead, the report also delves into the investment needs, focus areas and collaborative strategies it says are needed to ‘unlock future opportunities and create the necessary flexibility to manage change’.

The report, which was published January 16th, 2020, can be viewed and downloaded here.

PRESS NOTES TO EDITORS

The Tank Storage Association (TSA) represents the interests of over 60 member companies engaged in the storage of bulk liquids and the provision of products and services to the sector. Collectively, its members operate over 290 terminals and distribution hubs in the UK and have over 8 million cubic metres of storage capacity in the United Kingdom (UK) and Republic of Ireland (ROI). TSA’s members provide and support an essential interface between sea, road, rail and pipeline logistics for many different substances including transport and heating fuels, chemicals, animal feed and foodstuffs.

Media enquiries

Nunzia Florio, Communications Specialist: telphone. +44 (0)7903 388584, email: communications@tankstorage.org.uk or visit: www.tankstorage.org.uk

Written by John Reynolds

January 16th, 2020

Industry News