Nov 19, 2017

19 countries just alliance to phase out coal

Sophie Chapman
2 min
19 countries are part of the Powering Past Coal Alliance
A new alliance, made up of 19 countries has pledged to quickly phase out coal, was launched at the UN climate summit in Bonn, Germany.

A new alliance, made up of 19 countries has pledged to quickly phase out coal, was launched at the UN climate summit in Bonn, Germany.

This move has been considered a “political watershed” due to extremity of the committed – with coal accounting for 40% of global electricity.

New pledges were made to the Powering Past Coal Alliance by Mexico, New Zealand, Denmark, and Angola, with the UK and Canada leading the movement.

“The case against coal is unequivocal. “The alliance will signal to the world that the time of coal has passed,” commented Claire Perry, the UK Climate Minister.

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The UK was the first nation to pledge for cutting out coal, aiming to do so by 2025.

The country has already reduced its usage from 40% to just 2% since 2012.

Coal is considered the dirtiest fuel environmental, but is also very damaging health-wise, with air pollution from coal having killed 800,000 people a year.

The US administration attended the climate summit to support coal, however the renewable industry in America employs 250,000 people, whereas coal is a sector with only 50,000.

The countries in the alliance are: Angola; Austria; Belgium; Canada; Costa Rica; El Salvador; Fiji; Finland; France; Italy; Luxembourg; Marshall Islands; Mexico; Netherlands; New Zealand; Niue; Portugal; Switzerland; and the United Kingdom.

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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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