MOL Drybulk and Drax launch green shipping initiative

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

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

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

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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Drax and Mitsubishi Heavy Industries sign pioneering deal to deliver the world’s largest carbon capture power project

Drax Group and Mitsubishi Heavy Industries Engineering, Ltd., part of Mitsubishi Heavy Industries (MHI) Group, have agreed a long-term contract for Drax to use its carbon capture technology, the Advanced KM CDR process™️, in what would be the largest deployment of negative emissions in power generation anywhere in the world. The contract, which combines UK innovation and world-leading Japanese technology, will see Drax license MHI’s unique carbon capture solvent, KS-21™️, to capture CO2 at its power station near Selby, North Yorkshire. Drax is already the largest decarbonisation project in Europe,…

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