Jan 29, 2016

[PHOTOS] Powering New York

Oil
Coal
Admin
1 min
New York is the City that never sleeps, and it shows. The metropolis, which is home to more than 8.4 billion people, uses roughly 60,000,000,000 kWh...

New York is the City that never sleeps, and it shows. The metropolis, which is home to more than 8.4 billion people, uses roughly 60,000,000,000 kWh of energy annually. 

Using a plethora of energy sources such as oil, natural gas, liquefied natural gas, solar, wind, and hydro, the guys at VisualCapitalist asked the question: What would it take to power the Big Apple for a year with each individual energy source?

Oil

Hydro

Coal

Natural gas

Liquefied natural gas

Solar

Wind


Note: The numbers are based off of average electricity consumption, assuming that energy can be banked in times of surplus and used during times of deficiency.

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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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