Tag: Drax

New global Drax Foundation launched to support STEM education and local community initiatives

Stuart Mitchell

Global renewable energy leader Drax Group has launched its new Drax Foundation which will significantly boost the grant funding it provides for non-profit organisations and social enterprises in the UK, US and Canada. The Foundation is a key part of Drax’s community strategy, which is focussed on ensuring that the business delivers a positive impact in the communities where it operates. Drax Foundation will fund initiatives that support education and skills development in Science Technology Engineering and Maths (STEM), as well as those that improve green spaces and enhance biodiversity…

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MOL Drybulk and Drax launch green shipping initiative

Stuart Mitchell

Leading renewable energy company Drax Group and Japanese shipping company MOL Drybulk Ltd. are working together to reduce the emissions and fuel costs associated with shipping biomass by deploying wind power technology on its vessels. The companies plan to facilitate the development of wind-powered vessels to transport bulk cargoes of Drax’s wood pellets to its customers in Japan, where the biomass is used to generate reliable, renewable energy, which displaces fossil fuels. EFBC-1 (Wind Challenger and Rotor sails) The newly built vessels will be fitted with MOL’s Wind Challenger hard…

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Drax submits plans to build world’s largest carbon capture and storage project

Stuart Mitchell

Renewable energy company Drax has submitted plans to build the world’s largest carbon capture facility at its North Yorkshire power station. The company plans to invest £2bn in the 2020s in its plans to develop two bioenergy with carbon capture and storage (BECCS) units, creating and supporting thousands of jobs in the North and enabling the UK to lead the world in a vital new technology needed to address the climate crisis. Work to build BECCS at Drax could start as soon as 2024 and once operational the two units…

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Drax submits application to expand iconic ‘Hollow Mountain’ Power Station

Stuart Mitchell

Renewable energy leader Drax will submit its application for planning consent to build a new underground pumped storage hydro power station which would more than double the electricity generating capacity at its iconic ‘Hollow Mountain’ Cruachan facility in Scotland. The development – which could be the first newly constructed plant of its kind in the UK in more than 40 years – will provide critical storage capacity to strengthen the UK’s energy security and enable net zero. It will be a major infrastructure project which will support around 900 jobs…

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Drax to pilot more pioneering new carbon capture technology

Stuart Mitchell

Renewable energy giant Drax is collaborating with the University of Nottingham and Promethean Particles on an innovative new carbon capture technology that could shape the future of carbon capture and storage (CCS). Trial is part of Drax’s bioenergy with carbon capture and storage (BECCS) innovation programme and could see the technology deployed in future BECCS plants. The new process uses a type of solid sorbent called metal-organic frameworks (MOFs), which Promethean Particles are a global pioneer in the development and deployment of, to capture the CO2 released when sustainable biomass…

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