Jun 9, 2018

Maine could create 2000 new jobs through offshore wind projects

Sophie Chapman
1 min
According to a recent study by the American Jobs Project, the state of Maine has the potential to create 2,000 new jobs thr...

According to a recent study by the American Jobs Project, the state of Maine has the potential to create 2,000 new jobs through the offshore wind industry.

The study, titled The Maine Jobs Project: A Guide to Creating Jobs in Offshore Wind, urges the state to take advantage of the job opportunities.

The research suggests that Maine could create on average 2,000 per year until 2030, with roles in manufacturing, software development, and supplying.

The report was co-authored by the Director of the University of Southern Maine’s Centre for Business and Economic Research (MCBER), Ryan Wallace.

SEE ALSO:

“With demand for offshore wind rising around the globe, Maine has a tremendous opportunity to leverage the state’s competitive advantages and be at the forefront of the industry in the US,” commented Wallace.

“The Maine Jobs Project demonstrates how our state can capitalise on this opportunity and offers a pathway for growth and collaboration across industry, government and university partners.”

“Maine has some competitive advantages in innovation, industry development, as well as industry clusters that could support a supply chain.”

Share article

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.

Share article