Aug 3, 2020

Shell and Eneco win tender in Netherlands for joint venture

shell
Eneco
crosswind
sustainable nergy
Jonathan Campion
1 min
The energy giants have been successful in their bid for their joint venture CrossWind to manage the Hollandse Kust North offshore wind farm.
The energy giants have been successful in their bid for their joint venture CrossWind to manage the Hollandse Kust North offshore wind farm...

The project will be situated off the Dutch coast, covering 125 square kilometres with a capacity of 750MW. When operations begin in 2023, Hollandse Kust North will supply 16% of the Netherlands’ power.

The Dutch Ministry of Economic Affairs and Climate Policy has announced that the new wind farm will include 69 wind turbines owned by Siemens Gamesa, each with a capacity of 11MW, 

The director of integrated gas and new energies at Shell, Maarten Wetselaar, commented that the CrossWind project is only one part of the company’s strategy to develop renewable energy in the Netherlands: “This wind farm is a crucial part of a new value chain – from wind to hydrogen – with our ambition to build a green hydrogen plant in Rotterdam and with NortH2.”

Shell has previously stated its commitment to becoming a net-zero emission business by 2050.

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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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