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Diesel scrutiny shifts to London's building sites

Tue, 27th Sep 2016 09:00

* Diesel generators used on building sites

* Contributes to pollution linked to premature deaths

* Government says plans consultation on generation emissions

By Barbara Lewis

LONDON, Sept 27 (Reuters) - Volkswagen's admission it cheated pollution law has exposed a wider problemof diesel emissions from thousands of generators belching fumesacross building sites and countryside.

In London, where the pollution is aggravated by aconstruction boom, a firm that helped expose the extent of theVolkswagen scandal has shifted its attention to dieselgenerators and is working with city authorities and researchersfrom King's College London (KCL) to analyse the problem.

"It (the Volkswagen scandal) served to rip the lid off allthese related issues about engines," said Nick Molden, CEO ofEmissions Analytics, which helps automotive businesses raisetheir fuel efficiency and reduce emissions.

Since 2011, his firm has been collecting data from dieselcars by attaching measuring equipment to exhaust pipes todemonstrate the gap in emissions levels between driving on theroad and in the laboratory tests Volkswagen rigged usingsoftware known as defeat devices.

For 18 months, Emissions Analytics has also been measuringthe fumes from diesel generators needed at construction sites asmains electricity has to be cut off. Diesel is used as a quick,simple and cheap solution.

Molden said tests of an 8 kilowatt generator, smaller thanmany on construction sites, found it emitted roughly six timesmore nitrogen dioxide than the average London bus and 15 timesmore particulate matter per unit of work done.

There is no question of cheating regulations as new EuropeanUnion law on pollution limits for small generators has yet to bephased in.

Emissions vary depending on the size and age of generatorsand the research is ongoing to get more data.

"We have to have a greater understanding of these machines'generating emissions and how we can prevent them having anegative health impact," Daniel Marsh, senior air qualityanalyst at KCL, said.

PREMATURE DEATHS

Separate KCL research has concluded that nitrogen oxides andparticulate matter, or soot, from diesel cause around 9,500premature deaths annually in London.

For Europe as a whole, the estimate is 400,000 early deathsper year from asthma, cardiovascular disease and cancer.Research also suggests a link between diesel fumes and dementia.

Much of the pollution is from traffic, but construction sitemachinery accounts for an estimated 12 percent of soot and 15percent of nitrogen oxides pollution in London, city authoritiessay.

One of Britain's biggest firms hiring out diesel generatorsis Speedy, which is providing machinery for the researchand itself seeking to innovate.

It estimates there are tens of thousands of small generatorsacross Britain. Speedy hires out around 2,500, including 500 inthe London area.

The firm is working on improving hybrid generators, whichlike hybrid cars store energy as they generate, halvingemissions, and on cleaning fuel to make it less polluting.

Generators are also an issue in the countryside whereemergency backup generation on farmland is encouraged bygovernment subsidies.

The government, which plans a consultation on dieselgeneration, says it represents only about 1.5 percent of backupgenerating capacity.

"Our top priority is ensuring that families and businesseshave a secure, affordable and clean energy supply," a governmentspokeswoman said.

London's new mayor Sadiq Khan has made a priority ofreducing pollution in the city of around 8.6 million people andhas proposed levying an extra charge on the most pollutingvehicles entering the centre of town. (Editing by Adrian Croft)

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22 Jun 2023 16:50

LONDON MARKET CLOSE: Stocks tumble after hawkish hike to UK rates

(Alliance News) - Stocks in London closed firmly in the red on Thursday after the Bank of England surprised with a chunkier-than-expected 50 basis point interest rate hike.

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22 Jun 2023 11:55

Speedy Hire annual profit down following asset-write off; appoints CFO

(Alliance News) - Speedy Hire PLC on Thursday said that its yearly profits had collapsed following a significant asset-write off, and announced the appointment of a permanent chief financial officer.

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22 Jun 2023 08:18

Speedy Hire revenue surges as it watches macro conditions

(Sharecast News) - Tools and equipment specialist Speedy Hire reported a significant increase in statutory revenue in its full-year results on Thursday, up 13.9% to £440.6m.

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15 Jun 2023 15:50

UK earnings, trading statements calendar - next 7 days

Friday 16 June 
Peel Hunt LtdFull Year Results
Record PLCFull Year Results
S-Ventures PLCFull Year Results
Tesco PLCTrading Statement
Monday 19 June 
Finsbury Food Group PLCTrading Statement
Triple Point Energy Transition PLCFull Year Results
Utilico Emerging Markets Trust PLCFull Year Results
Tuesday 20 June 
Enteq Technologies PLCFull Year Results
Gear4Music PLCFull Year Results
IG Design Group PLCFull Year Results
Intercede Group PLCFull Year Results
SThree PLCTrading Statement
Monks Investment Trust PLCFull Year Results
Wednesday 21 June 
Berkeley Group Holdings PLCFull Year Results
Halfords Group PLCFull Year Results
Liontrust Asset Management PLCFull Year Results
Thursday 22 June 
Alpha Financial Markets Consulting PLCFull Year Results
Cordiant Digital Infrastructure LtdFull Year Results
DS Smith PLCFull Year Results
First Property Group PLCFull Year Results
Manolete Partners PLCFull Year Results
Mulberry Group PLCFull Year Results
NCC Group PLCTrading Statement
Serco Group PLCTrading Statement
Speedy Hire PLCFull Year Results
Urban Logistics REIT PLCFull Year Results
Volex PLCFull Year Results
Whitbread PLCTrading Statement
XPS Pensions Group PLCFull Year Results

 

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30 May 2023 15:45

UK earnings, trading statements calendar - next 7 days

Wednesday 31 May 
B&M European Value Retail SAFull Year Results
Bakkavor Group PLCTrading Statement
Bloomsbury Publishing PLCFull Year Results
DP Eurasia NVTrading Statement
Impax Asset Management Group PLCHalf Year Results
Ithaca Energy PLCQ1 Results
NWF Group PLCTrading Statement
Premier Miton Group PLCHalf Year Results
Tern PLCFull Year Results
WH Smith PLCTrading Statement
Thursday 1 June 
Auto Trader Group PLCFull Year Results
Dr Martens PLCFull Year Results
Pennon Group PLCFull Year Results
Trinity Exploration & Production PLCFull Year Results
Friday 2 June 
TR Property Investment Trust PLCFull Year Results
Monday 5 June 
Celadon Pharmaceuticals PLCFull Year Results
Hercules Site Services PLCHalf Year Results
Itaconix PLCFull Year Results
Sirius Real Estate LtdFull Year Results
ValiRx PLCFull Year Results
Tuesday 6 June 
British American Tobacco PLCTrading Statement
Chemring Group PLCHalf Year Results
Ferguson PLCQ3 Results
Gooch & Housego PLCHalf Year Results
Jadestone Energy PLCFull Year Results
N Brown Group PLCFull Year Results
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Oxford Metrics PLCHalf Year Results
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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18 May 2023 17:54

Speedy Hire bolsters financial controls to improve asset accounting

Speedy Hire PLC - Merseyside-based tools hire services firm - Updates on actions taken by the company following previously announced discovery of a deficiency in the value of non-itemised assets of around GBP20.4 million. Assets include equipment without a unique serial identifier such as scaffolding towers, fencing and non-mechanical plant.

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18 May 2023 12:27

Speedy Hire says no fraud in £20m 'missing' equipment mystery

(Sharecast News) - UK tools and equipment company Speedy Hire said a probe into £20m of missing equipment found no evidence of fraud, but discovered problems with control and accounting procedures.

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5 Apr 2023 12:19

IN BRIEF: Speedy Hire expects annual profit to be in line with guidance

Speedy Hire PLC - Merseyside-based tools hire services firm - Expects to report pretax profit for the year ended March 31 in line with the board's expectations. Also expects revenue to be up about 14% annually. In financial 2022, revenue was GBP386.8 million, and pretax profit was GBP29.1 million. However, Speedy Hire warns that there has been "some" softening of demand in recent weeks. Also notes that its external investigation into the issue identified with non-itemised assets, including a review of controls and accounting procedures, continues to progress. Expects to report net debt at the year end of less than £94m.

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5 Apr 2023 10:32

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5 Apr 2023 08:01

Speedy Hire FY revenues rise, warns of 'softening' demand

(Sharecast News) - Tools and equipment hire group Speedy Hire said on Wednesday that full-year revenues had risen but cautioned that it had seen some "softening of demand" over recent weeks.

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9 Feb 2023 10:30

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8 Feb 2023 17:01

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(Alliance News) - Stocks in London were higher at the close on Wednesday, with sentiment buoyed by a steady message from US Federal Reserve Chair Jerome Powell and indications that the UK may narrowly avoid a recession.

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8 Feb 2023 10:38

Speedy Hire shares fall amid value deficiency, depot reduction costs

(Alliance News) - Speedy Hire PLC on Wednesday announced that it is performing well in its second half of its financial year 2023 ending March 31, but reported a deficiency in the value of assets and a reduction in depots.

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8 Feb 2023 10:20

SMALL-CAP WINNERS & LOSERS: Speedy Hire finds GBP20 million shortfall

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8 Feb 2023 07:10

Speedy Hire launches investigation into uncovering £20m deficiency

(Sharecast News) - Tools and equipment hire services company Speedy Hire has launched an investigation after uncovering a deficiency in the net book value of its hire equipment.

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