Company News Summary
Worley Advises on Drax Awarding a Services Contract for Carbon Capture Project
15 Dec 2021 | 09:40:00 | Associate analysts | Increase | Decrease |
Original announcement: Drax awards a services contract for carbon capture project
Worley advised that Drax Group (Drax) has awarded Company a services contract for the first two carbon capture units at its power station in North Yorkshire, UK. The two carbon capture units are expected to capture 8Mt of carbon dioxide a year, strengthening Drax's purpose to enable a zero carbon, lower cost energy future. The carbon capture units will be integrated into two of the four existing biomass power generating units, which have a total capacity of 2,580 MW. The carbon capture units will incorporate Drax's negative emissions technology known as Bioenergy with Carbon Capture and Storage (BECCS). BECCS combines renewable electricity generated from biomass and carbon capture storage to permanently remove carbon dioxide from the atmosphere.
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