Carbon Capture & Storage

Carbon Capture & Storage

Drax: banking on BECCS

Reflecting its focus on delivering BECCS (bioenergy with carbon capture and storage) projects internationally, notably in the USA – alongside BECCS conversion at its UK site – Drax Group has announced a ‘carbon removals’ deal with Karbon-X. Under the agreement, Karbon-X will purchase carbon dioxide removals (CDR) credits from Drax representing 25 000 metric tons of permanently stored carbon at $350 per tonne. The deal, which will be implemented over a five-year period starting in 2030, is linked to Drax’s planned deployment of BECCS in the United States.

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