Drax October Newsletter
Our latest LinkedIn newsletter is now live, providing some top moments from October and a preview of what’s coming up next month. ?
‘Delivering the Vision: The Humber’s Roadmap for Industrial Decarbonisation’ is the Humber Energy Board 's new report, showcasing how the Humber represents the largest decarbonisation opportunity in the UK. ?
Whilst organisations in the region are working hard to advance plans to deliver 2030 decarbonisation targets, urgent action is needed. Delivery of the new government’s mission to make Britain a clean energy superpower can only be achieved through partnership in the region and supportive government policies. As proud partners of the Humber Energy Board, we stand ready to help unlock ￡15 billion of private investment in the Humber, creating over 20,000 new jobs and making the Humber a world leader in decarbonisation.?
?? The full report is available on the Humber Energy Board website. ?
The UK Government has confirmed a cap and floor regime as the investment framework for new large-scale, long-duration electricity storage projects. This is a critical step forward in unlocking pumped storage hydro investment and will be key in progressing our plans to expand Cruachan Power Station.??
?? Read our press release or find out more about our expansion project in the video below.
In an article from New Energy World, the magazine of the Energy Institute , our Commercial Director, Angela Hepworth , explores our BECCS methodology and how it will positively impact the carbon removals market.
Angela outlines how the BECCS methodology can help to establish standards for high-integrity carbon removals from BECCS. Plus, she outlines three main benefits of the methodology: providing a framework for net carbon removal calculations;?setting the bar for sustainable biomass sourcing; and?establishing broader environmental and social justice safeguards.
?? Read more here.
In his new LinkedIn article, Richard Gwilliam , UK BECCS Programme Director at Drax, shares insights on how we can tackle carbon emissions and outlines the importance of establishing a 2030 clean power system target. ?
?? Read his article here. ?
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Our new Employee Value Proposition outlines our colleagues’ shared ambitions and how we are dedicated to making a tangible impact within sustainable energy and carbon removals - Together, we make it happen. ?
In this video, our CEO, Will Gardiner , highlights the importance of culture at Drax and goes into more depth about our Employee Value Proposition. ?
We’re partnering with Smart Green Shipping on a groundbreaking project to develop and use innovative wind-assisted ‘FastRig’ technology, which will be used to help decarbonise the shipping sector.??
The project will see Drax inject ￡1m into the initiative, which is currently undertaking sea trials. This will provide Smart Green Shipping with accurate, independently verified performance data.?
?? Our press release explains more.
COP29 will be taking place in Azerbaijan?from 11th-22nd November. It will be a milestone moment for businesses, world leaders and policy makers to take stock of the world’s progress on climate targets. ?
Ahead of the event, as part of the World Economic Forum Alliance of CEO Climate Leaders, our CEO signed an open letter on why governments and businesses must double down on climate action. Read here. ?
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.?
?? To stay up to date with everything Drax, visit drax.com.?