Drax is to keep its coal-fired power station running over the winter following a request from the Department of Business, Energy and Industrial Strategy (BEIS).
Drax has submitted an application for planning consent to expand its pumped hydro Cruachan Power Station in Scotland to 1GW, but stressed the need for proper frameworks to support long duration energy storage in the UK.
A meeting between energy storage representatives and energy minister Greg Hands has this week taken place, with discussions centring on unlocking investment in energy storage technologies.
Deploying large quantities of long duration electricity storage (LDES) could reduce system costs and reliance on gas, but greater policy support is needed to enable this, Aurora Energy Research has found.
Drax’s proposed bioenergy with carbon capture and storage (BECCS) plant could cost £31.7 billion in public subsidies according to a new report from Ember.
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.