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Drax: Accelerating development of CCS clusters would give major boost to UK economy

SOURCE: Drax

November 7, 2023

BY Drax Group plc

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Researchers model impact of European Union Deforestation Regulations on pellet production, trade

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By Erin Krueger

April 21, 2026

Pellets Markets Policy Business 

Researchers at the U.S. Forest Service’s Southern Research Station and Louisiana State University have published a paper that investigates how the European Union Deforestation Regulations could alter global wood pellet trade patterns.

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The M.V. Ultra Yorkshire, a Handymax carrier, which was launched and named as part of Drax Power Station’s 50th anniversary celebrations, docked for the first time in the U.K. The vessel is operated by Ultrabulk.

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The USDA is formally rescinding a notice of funding opportunity issued in October 2024 for FY 2025, 2026 and 2027 Rural Energy for America Program funding. Any applicant without a fully executed financial assistance agreement will have to reapply.

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Svante Technologies Inc. and Meadow Lake Tribal Council announced on April 6 that North Star Carbon Solutions LP has entered into an offtake agreement with Microsoft to deliver 626,000 metric tons of durable CDR credits from a BECCS project.

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Zemo Partnership on March 30 announced the launch of RFAS Aviation, a new voluntary assurance scheme designed to provide independent verification of sustainable aviation fuel (SAF) across the U.K. supply chain.

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