Drax pauses world’s largest Beccs project
Major biomass power generator says £2bn project cannot proceed without clarity on UK government support for technology
UK-headquartered Drax Power has paused a £2bn ($2.4bn) project to build the world’s largest bioenergy with CCS (Beccs) facility, citing a lack of clarity on UK government support for the technology. Drax operates 2.6GW of biomass-fired power generation at its plant in Yorkshire in the north of England, making it the country’s largest provider of dispatchable electricity supply. It has outlined plans to start installing CCS at the plant in 2024 with the aim to capture at least 8mn t/yr, making it potentially the world’s largest Beccs facility. The decision to pause the project comes after the UK government in its spring budget in March committed £20bn to support the deployment of CCS but made
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells