Feb 28, 2017

JPS prepares for the second Women in Energy Conference

Nell Walker
1 min
Over 400 professionals from North America, Jamaica, and the Caribbean are set to attend the second annual Women in Energy Conference next week.

Over 400 professionals from North America, Jamaica, and the Caribbean are set to attend the second annual Women in Energy Conference next week.

The conference was created to empower women across male-dominated industries, spearheaded by female members of JPS, and will allow guests to engage in discussions and debates on the future of energy.

The event takes place on the 9th and 10th of March at the Jamaica Pegasus Hotel in Kingston, and the speakers include MD of GreensLedge Leslie Goldwasser and Olympian Shelly-Ann Fraser-Pryce. There will also be a male panel this year, which will have the opportunity to share its own perspective on women’s leadership issues.

Kelly Tomblin, JPS CEO and President, said: “The goal is to continue to build from strength to strength. Last year we enjoyed a 98 percent satisfaction rating from participants, and this year we are confident that we will inspire women to continue to build eminence for their organisations. The conference will facilitate a mix of high-energy discourses and practical approaches from successful individuals and enterprises from the Caribbean and North America, with real-life industry application. We will share and celebrate success stories since the previous conference, and set the stage for even greater achievements, individually and collectively.”

 

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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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