Drax launches dedicated carbon removals business

Stuart Stone
clock • 3 min read
Drax Power Station, in North Yorkshire | Credit: Drax
Image:

Drax Power Station, in North Yorkshire | Credit: Drax

Power plant operator launches US-headquartered entity to oversee development and construction of new-build BECCS plants

Drax has unveiled plans to establish an independent business unit tasked with overseeing the development and construction of new-build bioenergy with carbon capture and storage (BECCS) plants capable of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Stuart Stone
Author spotlight

Stuart Stone

View profile
More from Stuart Stone

Study: 'Forever chemicals' litigation presents multi-billion-dollar risk for businesses and investors

King's Cross Group's Sonal Jain: 'Sustainability only delivers impact if it's accessible'

More on Energy

'Pretty much unavoidable': Energy bills projected to rise by nearly £300 from July
Energy

'Pretty much unavoidable': Energy bills projected to rise by nearly £300 from July

Cornwall Insight forecasts energy price cap is set to rise to £1,929, as fears grow that full blown oil and gas supply crisis could hit global economy

James Murray
James Murray
clock 31 March 2026 • 5 min read
Study: Iran War energy crisis loads over $100bn of additional costs onto households and businesses
Energy

Study: Iran War energy crisis loads over $100bn of additional costs onto households and businesses

Analysis from campaign group 350.org calculates surge in oil and gas prices has led to over $104bn of additional costs for consumers worldwide over the past month

James Murray
James Murray
clock 30 March 2026 • 4 min read
AI is the UK energy sector's untapped optimisation opportunity
Energy

AI is the UK energy sector's untapped optimisation opportunity

With grid pressures mounting and demand-side flexibility still underutilised, AI-driven optimisation may be one of the most undervalued levers in the UK's net zero transition, writes Centrica's Gunjan Arora

Gunjan Arora, Energised Future at Centrica
clock 30 March 2026 • 4 min read