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See what’s in this year’s BP Energy Outlook

See what the predictions are for the next 25 years in the 2018 BP Energy Outlook. This year’s comprehensive analysis breaks down energy supply and demand by sector, country, region and fuel type and explains how these trends will affect carbon emissions by 2040 – and what governments and industry partners are doing to meet the commitments of the Paris Agreement.

The BP Energy Outlook is back with a comprehensive analysis of how the world’s energy consumption will change as it heads towards 2040. The past decade has seen major shifts in consumer and industrial behaviour that are likely to remain for the foreseeable future. The Outlook breaks down these changes across sectors, countries, regions and fuel types and explains how these trends will affect carbon emissions.

Where the world gets its energy from is set to become the most diverse it has ever been. By 2040, more oil, gas, coal, and non-fossil fuels will each account for roughly a quarter of energy supply. While the demand for oil is set to continuing rising, the usage of coal is likely to slowly drop off. I will be replaced by strong demand for natural gas, which is set to overtake coal as the second largest energy source in the coming years. Coal consumption in general seems to have plateaued and by 2040 it is highly likely that oil consumption will face a similar fate.

The fastest-growing energy sector is by far renewables, with India leading the way in renewable energy supply. It and other developing nations, especially China and other Asian countries, are continuing to report strong growth. Their increased energy consumption is likely to account for two-thirds of growth in energy supply and be responsible for a third of global energy demand by 2040. Meanwhile, China’s long-standing love affair with coal seems to be coming to an end.

Although green tech is surging, oil and gas still make up half of all energy usage, and this is likely to remain the case as natural gas demand increases. As global growth continues, demand for commercial buildings and transportation will rise, as too will the energy demand for cooling, lighting, and electrical appliances. Traditional energy sources will still be called upon to meet most of the growth in energy demand, although much of the growth in transportation fuel demand will be offset by efficiency gains from new technology.

To put those efficiency gains in perspective, in the EU in 2040, cars are expected to be up to 70% more efficient than they were in 2000. Not only will vehicles become more efficient, but many will be converted from fossil-fuel burning vehicles to electric, hybrid or hydrogen fuel models in the coming years. The number of electric cars is projected to grow to roughly 15% of the car parc, but due to their heavy usage will likely account for 30% of passenger vehicle kilometres.

Unfortunately, efficiency gains will not be enough to account for the overall growth in energy usage, and this increased demand will in turn lead to an increase in carbon emissions by 2040. At present, not enough is being done by global governments to meet Paris commitments, and pressure is being put on all parties involved to shift to an ‘even faster transition’ (EFT) scenario to tackle the problem. To learn more about the state of affairs and the major changes this year, have a look at the full Energy Outlook.

If you want to start saving your diesel & petrol bills, then look no further than our own BP fuelcard, for more information, click here: https://www.fuelcardservices.com/brand-bp/

photo of a man smiling towards you whilst holding a checklist whilst he sits in his car. BP me rewards is written on the screen

Happy Fleet, Happy Fleet Manager

To maintain a happy and hardworking fleet, it’s vital to give your employees a healthy working environment including reasonable and flexible working hours, sufficient training and support, health and safety policies and worthwhile benefits. While most of these will be elements that fall under HR’s remit, fleet managers have an opportunity to offer their drivers something extra with a reward scheme linked to their fuel card.

There are lots of loyalty schemes out there but BP has created something a little different from most, focusing on making every day brighter. Recent research, commissioned by the BPme Rewards loyalty programme, reveals that a good night’s sleep, a free coffee and a delicious treat are just some of the things that make us feel good day to day. This proves that the simple things in life can put a smile on your face and there is no reason that this shouldn’t ring true in the workplace.

BP’s new loyalty scheme lets drivers reward themselves in store with simple pleasures such as money off a coffee or a chocolate bar to brighten up their day. Fleet drivers can use their BP Plus fuel card to earn points every time they fill up and have the chance to earn little treats as well as big rewards in store and from the online catalogue. This is a simple way for fleet managers to empower their drivers and ensure a happy and rewarding experience for them at no extra cost to their business.

Find out more about BPme rewards here: https://www.fuelcardservices.com/bpme/

If you want to start saving your diesel & petrol bills, then look no further than our own BP fuelcard, for more information, click here: https://www.fuelcardservices.com/brand-bp/

a photo of a hand passing a BP fuel card to another hand. A green shield with a tick is placed onto of the image to symbolise the card is protected

Protect Your Fleet From Fuel Card Fraud

Currently one of the biggest risks that fleet managers face is fraud against their fleet. This is why BP makes every effort to monitor transactions and detect unusual behaviour including sophisticated CCTV coverage at most sites, a dedicated and on hand expert fraud team, multiple anti-fraud checks on every transaction and BP alerts to quickly find out when a card is misused, based on parameters set by fleet managers.

Despite these efforts, it’s imperative that drivers are educated on how to avoid Fuel Card fraud so BP have collated 10 tips to help you protect your company and your drivers.

  1. When leaving the vehicle, always lock it and take documents including the fuel cards with you as criminals know the perfect hiding places in which to look for valuable things
  2. Never leave the keys to your vehicle in deposit or with service personnel of a facility you visit
  3. Plan your stopovers before you leave and make sure you stop at reliable parking lots, considered by drivers as safe
  4. When resting in your vehicle, keep the documents and the cards with you, and lock your vehicle from the inside
  5. Do not underestimate any signs of burglary or third party visits to the vehicle. Even if nothing has been stolen, report this incident immediately to your company! In this situation, the data from the magnetic strip of your card could have been copied
  6. Before setting off, check if you have YOUR card as often, when a vehicle is broken into, cards are not stolen, they are only replaced, which is intended to delay the detection and reporting of the theft
  7. Stay alert! Pay attention to whether someone is watching you or the vehicle during a stopover, trying to make contact in an intrusive way or asking about the route
  8. If someone tries to persuade you to sell the card or make it available for the purpose of scanning data from the magnetic strip, please report it to your company. Such information will also be extremely valuable for BP, especially if it took place in car parks or in the vicinity of service stations
  9. Protect the PIN code for your card and don’t write it down!
  10. If a driver forgets their PIN code, you can change it online and the update will take about 30 minutes

If you want to start saving your diesel & petrol bills, then look no further than our own BP fuelcard, for more information, click here: https://www.fuelcardservices.com/brand-bp/ 

A blue sign with white writing saying Reduce co2

How to reduce your fleet’s Carbon emissions

The world of fleet has never seen such a period of change. With uncertainties around tax rates, the WLTP and changes with the ULEZ becoming 24/7. Reducing your fleet’s CO2 emissions should be a big priority. More changes are set to come in future years, so fleets need to be prepared.

Reducing carbon emissions is in the hands of the fleet managers. While switching to EV might not be feasible for everyone, small changes within the existing system can make a huge difference without much capital investment, and no change is too marginal.

1. Review your vehicle habits

While it may seem obvious, innovation in your choice of vehicles should be the biggest change. Even now, many firms are in the habit of using petrol-guzzlers without paying attention to economic factors such as fuel consumption and CO2 emissions.

Match the vehicle to the job: There’s no need to send out a lorry or van to deliver goods that require the horsepower of a bike. It’s a good idea to invest in a smaller vehicle for smaller deliveries, if you feel this may be something your fleet is prone to.

There’s no need to compromise on performance: there are many vehicles offering less than 160g/km and fuel consumption above 45mpg. A fresh assessment on this can contribute to long-term financial savings, as well as reducing CO2 emissions.

2. Review your fleet policy

Where can you update your policy? Could you challenge the status quo? Many fleets operate under systems that have been in place for years. It’s crucial to keep up to date in one of the fastest changing industries in the UK.

You should also set new internal standards for vehicles and putting progressive CO2 targets in place, setting the company up for long-term savings in the instance of future law changes and tax requirements.

Investing in the best possible sat nav systems will also prevent your drivers from wasting valuable fuel if they take a wrong turn. Even if your navigation system has been in place for years, exploring updated versions can make a huge difference.

3. Don’t be weighed down

Eliminating just 45kg of excess weight can increase fuel efficiency by up to 2%. Consider downsizing or leaving unnecessary items such as roof racks and tool boxes back at the depot.

4. Under pressure

The importance of monitoring tyre pressure regularly is often overlooked as a factor affecting emissions, but a small change can make a big difference in this area. Too little pressure can lead to a higher rate of rolling  resistance, making the engine work harder and consume extra fuel as a result. You should encourage your drivers to undertake regular checks on their vehicle, to make sure things like this are in check.

If you want to start saving your diesel & petrol bills, then look no further than our own BP fuelcard, for more information, click here: https://www.fuelcardservices.com/brand-bp/