Subscribe to our digital newsletter for your daily digest of essential news, views and analysis from the international wood industry delivered directly to your inbox.

September 30, 2024

UK’s Drax to invest up to $12.5 billion in US biomass power plants

British power giant Drax could invest up to $12.5 billion developing biomass plants with carbon capture and storage (BECCS) in the United States over the next decade.    Drax, which generates around 6% of Britain's electricity, said it is still committed to the UK but sees opportunities in the U.S. for its BECCS technology. Its new Houton-based business, Elimini, is reviewing more than 20 potential sites for BECCS projects and has around 100 staff.    Elimini plans to have its first U.S. project up and running by the end ...

Register for unlimited access

We work hard to bring you the latest news in the world of international wood industry. The article you are currently reading is available only to registered users.

By registering you gain access to:

  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!

Checkout Options
All this for only 290 EURO/year!
Create Profile
password strength indicator
Additional Info




Billing Method
Billing Address
Checkout Now

Newsletter

Subscribe to our digital newsletter for your daily digest of essential news, views and analysis from the international wood industry delivered directly to your inbox.