February 14, 2023
BY ASTON UNIVERSITY
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A new report by Development Economics finds that if the U.K. government accelerates and expands the development of CCS clusters across the country it could generate an extra £32 billion of gross value added for the economy from 2050 onward.
Drax Group plc in early October announced that the U.K. government has signaled its intent to allow large-scale BECCS projects to be eligible to participate in an expansion of the Track-1 carbon clustering process.
Biomass continued to be the second largest source of renewable electricity in the U.K. last year, trailing only offshore and onshore wind, according to a report released by the U.K. Association for Renewable Energy and Clean Technology on Oct. 4.
The U.S. exported 651,698.8 metric tons of wood pellets in July, down from 865,995.4 metric tons the previous month, but up slightly when compared to the 651.104 metric tons exported in July 2022, according to data released by the USDA on Sept. 6.
Drax on Aug. 29 announced its membership to the First Movers Coalition, playing its part in the development of the nascent carbon dioxide removals (CDR) market and working toward becoming a global leader in the potentially trillion-dollar sector.