Royal Dutch Shell has announced it will stop using cooking oil to cook meals in Britain as part the country’s $20 billion fuel saving initiative.
Shell’s announcement comes just weeks after the US announced it would cut its use of the fuel.
The Royal Dutch Petroleum (RDP) said the move is aimed at reducing costs and improving fuel efficiency.
“We are now committed to sourcing and using as much of our oil as we can in a sustainable way,” a spokesman said.
“This will mean our oil production will peak in 2021 and our overall consumption of oil will fall.”
The change will affect all UK customers and we will share the results of the analysis we have with the industry.
“The Royal Institute of British Architects (RIBA) said cutting the use of oil would reduce energy costs by about a third.”
It’s very good news for consumers,” said RIBA chief executive Simon Thomas.”
That will mean less expensive energy bills, and a greater sense of confidence in our energy and transport infrastructure.
“But it’s also a good reminder of the importance of maintaining the supply of oil to meet the needs of the country.”
The RDP, which is owned by the oil company BP, said it would spend up to £6 billion on the plan to cut oil consumption by about one-fifth from 2025.
Shell said it had already spent $4 billion on its fuel efficiency initiative over the last decade, and it was also investing about £5 billion to improve the efficiency of its fleet.
“As part of the UK’s plan to meet climate change, we’re going to keep making progress on reducing our fuel consumption,” Shell said.
“Our strategy is to reduce oil consumption from 20% of the transport mix to 10% by 2020, but the final plan will take a longer time to complete.”