British Drax to Launch Carbon Removal Business

  • Drax plans to become the global leader in delivering large-scale, high-integrity carbon removal technology.
  • The British government approved the application to convert two biomass units to use carbon removal technology.

Drax, the British power plant operator, plans to establish an independent business focused on becoming the global leader in delivering large-scale, high-integrity carbon removal technology. Drax said that the new entity will be launched this year. Also, Laurie Fitzmaurice, a senior energy infrastructure expert with nearly 30 years of experience in business development, will lead the new business.

Drax Group CEO Will Gardiner said, “The creation of this business brings to life years of hard work by many outstanding people across our group and marks another step in Drax’s journey to enable a zero-carbon, lower-cost energy future.” He added that their recent success is grounded in providing secure, renewable energy. The focus of the future is on playing a critical role in tackling climate change through the generation of secure, renewable power and the large-scale removal of carbon dioxide.

Last week, Drax said the government had approved its planning application to convert two biomass units to use carbon removal technology known as bioenergy with carbon capture and storage (BECCS) at its Drax plant. Last year, Britain laid out plans to boost energy security and independence by investing in efforts to move towards cleaner, more affordable energy sources, including projects to capture and store carbon dioxide.

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