Drax March Newsletter
In our March LinkedIn newsletter, we look back on an exciting month at Drax and share some of our highlights.??
We were pleased to share our 2023 Annual Report, highlighting the progress we’ve made over the past year in delivering our purpose to enable a zero carbon, lower cost energy future.?
Read the full report here.???
This week, we’ve published the first Drax Foundation Annual Review, looking back on the progress and impact it has had in our communities over the past year.??
In total, the Drax Foundation provided ￡2.7 million of funding in 2023 to organisations that help under-represented groups, advance gender equality and support indigenous communities. Initiatives that have benefitted from the funding include those which improve STEM education, access to green spaces and energy efficiency measures in schools.?
Learn more in the full report here.??
We were delighted to announce that we’ve agreed a memorandum of understanding (MoU) with Viking CCS , the Humber-based CO2 transportation and storage network led by Harbour Energy and non-operated partner bp , to assess options to transport and store CO2 in the Humber region.??
We will work together on an early pipeline study to explore how BECCS at Drax Power Station could connect to the Viking CCS pipeline and help to remove millions of tonnes of CO2 from the atmosphere.??
Learn more in our press release.??
Through a pledge of $62,000, we will create a new scholarship fund, support existing funds and become a sustaining member of LSU’s Center for Energy Studies’ endowment. This will help us to advance energy innovation on a global level, while building LSU’s legacy of sustainable forestry and energy research.??
Read more in our press release.??
This new report shows that the US could sustainably triple its production of biomass (agriculture residues, forestry residues, and waste) to more than 1 billion tons per year between 2035-2050 to support a robust bioeconomy.???
It also states that in the near-term (by 2030-2035), approximately 350 million additional tons per year of biomass could be mobilised in the U.S. from existing resources and supply chains.?
Read the full report here.?
This month, we attended annual energy conference, CERAWeek, where our Chief Innovation Officer, Jason Shipstone spoke on a panel event in the Carbon Hub.???
The panel discussed how BECCS and BiCRS measure up on carbon impact, with Jason speaking about BECCS at Drax, our ambitions to become a global leader in carbon removals and the opportunities for deploying BECCS at scale in the US.???
???? At the end of April, we’ll be at the Argus Biomass Conference in London, the largest global biomass event. We’re looking forward to hearing about innovations in the pellet industry and new applications of biomass, as well as meeting with key stakeholders over the three days.??
?? We will also be at the European Climate Summit 2024, where we will come together with businesses and policymakers from the carbon and energy markets to analyse and discuss current developments, challenges and solutions in the industry.??
If you’re interested in joining us on our journey to create a zero carbon, lower cost energy future, take a look at some of our current vacancies, including:?
?? Visit our careers page to learn more: https://www.drax.com/careers/?
?? To stay up to date with everything Drax, visit drax.com?
#DraxFoundation #STEMEducation #BECCS #CarbonRemovals #Humber #EnergySecurity #CERAWeek #ArgusBiomass
Green Tech expert and eco-rebel
8 个月Why won't Drax consider accelerated indoor growth of biomass close to the power station and converting this to biocoal for the two closed furnaces and woodchip equivalent to replace any trees used in the other 4. Flue gas capture becomes viable because the C02 remains a gas and is used to aid biomass growth and the Methane is split with light reactors into more C02 for growth and hydrogen which would be added to the H2 used to power the growth and conversion units. David Weaver wrote to Will Gardiner about this before Christmas. It would guarantee the continuation of subsidies and the PR value would be significant. Drax could also part own and exportable tech for the 2400 coal fired power stations and 4500 CHP plants.