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Greenvolt announces acquisition of UK biomass power plant

June 16, 2021

BY Altri SGPS S.A.

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FCA closes Drax investigation, takes no additional action

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By Erin Krueger

4 hours ago

Pellets Power UK 

The U.K. Financial Conduct Authority on June 18 announced its investigation into Drax Group plc’s sustainability claims regarding its use of Canadian biomass uncovered no evidence that justifies any further action. The investigation is now closed.

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The U.K. Department for Transport on June 16 announced plans to launch a new £219 million low carbon fuels fund to support domestic SAF production. The agency also launched a call for evidence regarding expected SAF supplies.

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Renewables are expected to account for 26% of U.S. electricity generation in 2026, increasing to 27% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released June 9.

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The U.K. Environment Agency on May 28 issued a statement proposing to grant Drax Power Ltd. a permit change that would allow carbon capture to be implemented at Drax Power Station. A public comment period on the draft permit is open through June 24.

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Biogas Works for America LLC and Biogas Works Coalition on June 1 filed a lawsuit in the U.S. Court of Appeals for the D.C. Circuit challenging the U.S. EPA’s decision to make renewable electricity ineligible for participation in the RFS.

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