Biomass fuel supplier Stobart Energy changes name to Esken Renewables
The company supplies around 1.7 million tonnes of fuel to dedicated biomass plants across the UK. The fuel is used to generate renewable energy equivalent to the annual domestic electricity needs of 2% of the population.
The name change follows parent company Esken’s decision to sell the Eddie Stobart and Stobart trademarks to Eddie Stobart Logistics in 2020.
Esken Renewables can store up to 100,000 tonnes of unprocessed waste wood at its sites. Its strategic processing capacity and strong customer base mean the firm processes over 10% of the UK’s annual waste wood, for which it receives a Gate Fee. Esken Renewables procures a further 15% of the UK’s annual waste wood from third-party processors.
Additionally, the company handles 500,000 tonnes of virgin biomass in the UK, supported by its forestry division.
Richard Jenkins, CEO of Esken Renewables, commented: “We will now share the name Esken with our parent company, reflecting our importance to the wider group. The name Esken is taken from an ancient British word that means ‘to ascend, climb and rise’.
“We chose ‘Renewables’ because both our present and our future is focused on this important work; supplying renewable fuel to the UK. Right now, we are the UK’s largest supplier of a critical renewable fuel – biomass.
“In the future, we aim to establish further opportunities to use our expertise and infrastructure to supply other types of renewable fuel.”