Sep 2, 2020

Mercedes-Benz joins Amazon in net-zero climate pledge

Mercedes-Benz
Amazon
Net Zero
climate pledge
Jonathan Campion
2 min
Mercedes-Benz has joined The Climate Pledge, a commitment started by Amazon and Global Optimism to achieve net zero carbon by 2040
The German car manufacturer has joined The Climate Pledge, a commitment started by Amazon and Global Optimism to achieve net zero carbon by 2040...

Mercedes-Benz’s commitment to the pledge is to accelerate its work on the ‘Ambition2039’ roadmap to CO2-neutral operations. This involves ways to remove carbon from the company’s value chain, from product development to supply. It is also striving to ensure that the use phase of its electric vehicles is powered with only renewable energies.

By the end of 2020, Mercedes-Benz’s portfolio will include five fully electric models and 20 plug-in hybrids.

Jeff Bezos, Amazon’s CEO, commented on the new partnership: “We welcome the bold leadership demonstrated by Mercedes-Benz by signing up to The Climate Pledge and committing to ambitious action to address climate change. We need continued innovation and partnership from auto manufacturers like Mercedes-Benz to decarbonise the transportation sector and tackle the climate crisis.

Ola Kallenius, the chairman of the board of management of Daimler and Mercedez-Benz, added: “At Mercedes-Benz, we have set ourselves the ambitious target to make the transformation of mobility a success story. By joining The Climate Pledge we are building on our goal to consistently pursue emission-free mobility and sustainable vehicle production.

“We stand with Amazon, Global Optimism and the other signatories of The Climate Pledge, in a commitment to being net zero carbon by 2040 – ten years ahead of The Paris Agreement. I am pleased that we will be able to gain even more momentum on our sustainability offensive with this step.”

As part of the agreement between Amazon and Mercedes-Benz, Bezos has announced that Amazon is adding 1,800 Mercedes electric delivery vehicles to the company’s fleet for Amazon’s operations in Europe. 

Amazon is currently running 91 renewable energy projects worldwide, which together have the capacity to generate over 2,900MW and deliver over 7.5mn MWh of energy each year. 

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Apr 23, 2021

Drax advances biomass strategy with Pinnacle acquisition

Drax
Biomass
Sustainability
BECCS
Dominic Ellis
2 min
Drax is advancing biomass following Pinnacle acquisition it reported in a trading update

Drax' recently completed acquisition of Pinnacle more than doubles its sustainable biomass production capacity and significantly reduces its cost of production, it reported in a trading update.

The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.

The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).

Drax CEO Will Gardiner said its Q1 performance had been "robust", supported by the sale of Drax Generation Enterprise, which holds four CCGT power stations, to VPI Generation.

This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.

In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.

The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.

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