Oct 31, 2017

November's issue of Energy Digital is live!

Renewable Energy
Sustainability
Sophie Chapman
1 min
New issue is live
Hello and welcome to the November edition of Energy Digital. In this month’s issue, the new UK & Ireland zone President of Schneider...

Hello and welcome to the November edition of Energy Digital.

In this month’s issue, the new UK & Ireland zone President of Schneider Electric talks all things energy efficiency and sustainability, and how they are indispensable assets that can build both a trusted brand and a profitable business.

The world’s largest solar tower is about to rise up out of the desert in Dubai, and we take a look at the Mohammed bin Rashid Al Maktoum Solar Park’s new tower that reduce carbon emissions by more than 6mn tonnes per year.

Sticking with power emissions, Terracon looks to lay a foundation for the future of wind turbine design, as VP of Power Generation & Transmission Blair Loftis takes us through the lofty ambitions of the company’s expansion plans.

Rounding out the issue, we look at 10 of the greenest data centres in the world and Canadian Solar, taking technology ingenuity to new heights.

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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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