A new report produced by Baringa and commissioned by Drax has found bioenergy with carbon capture and storage (BECCS) could save the UK over £4.5 billion.
Drax is to kickstart the planning process to deploy bioenergy with carbon capture and storage (BECCS) at Drax Power Station.
Drax has dropped plans to develop any new gas plants, including its plans to build Europe's biggest CCGT plant as it moves to turn its back on fossil fuels.
Last year was Britain’s greenest yet, with renewables generating more power than fossil fuels for the first time according to a new report from Drax Electric Insights.
In January, EDF was paid more in three days than it did in Q3 2020, as low winds and cold temperatures pushing National Grid ESO’s ability to balance the system.
2020 was a record-breaking year, with wind generation, solar, and coal-free records helping to make it the greenest year ever for Great Britain’s electricity network.
Drax has sold on Drax Generation Enterprise to VPI Holdings, passing on its four CCGT plants in the process.
The CCC's landmark report has been broadly welcomed by the energy sector, who told Current± they commended the ambition but more concrete guidance is still needed for the sector.
Energy majors have called on the UK government to target a net zero power system as part of the 'Sprint to Glasgow' lead-up to the COP26 climate conference.