Nov 15, 2017

Kellogg’s commits to 100% renewable energy by 2050

Renewable Energy
Sustainability
Sophie Chapman
2 min
Kellogg's joins RE100
The food giant, Kellogg’s, has pledged to source all of its electricity from clean, renewable generators. The company ha...

The food giant, Kellogg’s, has pledged to source all of its electricity from clean, renewable generators.

The company has signed up to The Climate Group’s global RE100 industry platform in order to create a plan of action.

By 2050, Kellogg’s aims to only use renewable energy, and tohave reduced its direct emissions by 65%.

“Joining RE100 gives Kellogg’s the opportunity to showcase our leadership on climate action,” Chief Sustainability Officer of Kellogg’s, Diane Holdorf, said.

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 “We hope to inspire others in our sector to follow our lead and do more to cut greenhouse gas (GHG) emissions,” Holdorf added.

“No one company, sector, or government can undertake the changes needed alone. We believe in the power of partnerships to bring action on these important issues.”

Prior to this move, Kellogg’s had already taken steps towards becoming more environmentally friendly.

In 2016, the brand enforced that its Manchester headquarters locally source 100% renewable energy, as well as this year sites in Europe, Russia, and Egypt increasing their renewable intake between 1% and 70%.

The Climate Group has targeted 500 firms to join the RE100 initiative by 2020, with HSBC participating last week by pledging €100bn in sustainable financing 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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