Redshaw Advisors Logo
Subscribe →

Drax Submits Plans for World Largest Carbon Capture Project at Selby Power Station

Drax, an energy company based in the UK, has recently submitted plans to construct two bioenergy units at its power station in Selby, North Yorkshire. With an investment of £2 billion over the next decade, these units are set to become the largest carbon capture and storage (CCS) project in the world.

Once operational, the two units will have the capacity to capture a minimum of 8 million tonnes of CO2 annually. This significant feat positions Drax at the forefront of carbon capture technology in the power sector.

Will Gardiner, the CEO of Drax Group, expressed-ew the company's commitment to investing billions of pounds and creating thousands of jobs in developing bioenergy with carbon capture and storage (BECCS) in the UK. Gardiner emphasised that this investment is contingent upon the government's implementation of supportive policies to facilitate the feasibility and implementation of negative emissions technologies. He further emphasised that BECCS at Drax will not only remove millions of tonnes of carbon dioxide from the atmosphere each year but also generate reliable and renewable power that is crucial for the country's energy needs. Gardiner believes that no other technology can achieve this dual purpose as effectively as BECCS.

Construction work for BECCS at the Drax power station is projected to commence as early as 2024. The ambitious project holds the potential to make a substantial impact on carbon emissions and contribute significantly to the UK's efforts in combating climate change. By integrating bioenergy with carbon capture and storage, Drax aims to lead the way in sustainable power generation and establish a model for large-scale CCS deployment globally.

The successful realisation of this project would mark a significant milestone in the transition to a low-carbon economy. Drax's ambitious investment in BECCS demonstrates its dedication to advancing clean energy technologies and providing practical solutions to address climate challenges. With the potential to create jobs, reduce emissions, and secure a sustainable energy future, Drax's plans for the world's largest carbon capture project offer a promising pathway towards a greener and more sustainable future.


Table of Contents
Primary Item (H2)
Share this:

More Insights

CORSIA: Navigating the next phase in carbon offsetting

From 2027, CORSIA becomes mandatory. Aligning EU & UK ETS rules, avoiding credit shortages, and managing political uncertainty will test even the best-prepared operators...
Read More

Public consultation launched for including Greenhouse Gas Removals in the UK ETS

Introduction The risks associated with climate change demand an urgent worldwide response. Reaching the temperature targets set out in the 2015 Paris agreement requires greenhouse […]
Read More

Compliance carbon markets, a bright future ahead

Compliance carbon markets have become an essential tool for lawmakers around the world, and commodity researchers believe that their rise will continue throughout the next […]
Read More
1 2 3 89
All Insights

Subscribe to the WeeklyRed

Stay ahead with our WeeklyRed  - your go-to source for comprehensive, insightful updates on global compliance and voluntary markets as well as renewable energy.
Every Monday, fresh into your inbox.
Subscribe
2025 Redshaw Advisors Ltd. All rights reserved.
crossarrow-right