Fresh analysis warns plans for UK’s largest BECCS facility in North Yorkshire could prove more expensive for billpayers than Hinkley Point C, but developer Drax rejects calculations and insists carbon capture technology is likely to prove a crucial component of the net zero transition
Business Green 25th May 2021 read more »
The plan put forward by Drax to fit its wood-burning power plant with carbon-capture technology could cost British energy bill payers £31.7bn over 25 years, or £500 a household, according to research. The climate thinktank Ember said that Drax was already on track to earn £10bn in subsidies through energy bills by burning wood chips, and warned that the cost of supporting its future bioenergy plans could climb to more than the cost of subsidising Hinkley Point C nuclear power plant.
Guardian 25th May 2021 read more »