Drax applauds the government of Canada’s commitment to biomass technologies as highlighted in the Fall Economic Statement
24 Novembro 2023 - 6:33PM
Drax commends the Government of Canada on the inclusion of
biomass-using technologies in the Clean Technology and Clean
Electricity Investment Tax Credits from the Fall Economic Statement
(FES) released this week.
Biomass is a key component of the clean energy sector with the
potential to reduce reliance on diesel fuel in rural and remote
communities. It is a proven dispatchable, renewable fuel source in
the fight against climate change, further supporting thousands of
Canadian jobs and contributing millions to local economies and an
important player in a broad spectrum of technologies needed to
achieve net zero.
“We are encouraged by the Canadian government’s commitment to
clean energy and the recognition of biomass-used technologies as a
crucial component in achieving a cleaner future,” said Will
Gardiner, CEO of Drax. “Leading climate bodies and scientists agree
that biomass has an important role to play in climate mitigation –
as a sustainable feedstock, as a renewable energy resource, and as
a carbon removals technology through Bioenergy with Carbon Capture
and Storage (BECCS).”
Sustainably sourced biomass is renewable and provides reliable,
flexible generation that enables technologies such as wind and
solar, to connect to the grid. Sustainable biomass also supports a
vital carbon-negative emissions technology (BECCS) which will be
needed around the world to meet climate commitments.
“Working on both sides of the Atlantic, Drax is focused on
enabling a zero-carbon, lower-cost energy future,” said Gardiner.
“Drax’s ambition is to be the world’s leading provider of carbon
removals through BECCS.”
BECCS is vital to energy security. Drax’s ambition through BECCS
is building large-scale carbon removal facilities, creating
thousands of jobs in new clean energy technology and generating
dispatchable, renewable power using sustainably sourced biomass for
homes and industries – while supporting the growth of the forestry
sector and other intermittent energy sources.
With the right policy framework, and further announcements such
as the one in the FES, Drax believes that Canada could be an ideal
location to deploy BECCS, given its access to one of the world’s
greatest fibre baskets, well-established sustainable forestry
sector, and suitable geology for CO2 storage.
“Supporting BECCS deployment in Canada would kick start a whole
new sector of the economy, creating green growth on an even greater
scale, creating additional jobs, and investing in rural economies
unlike what we have previously seen,” said Gardiner.
In Canada, Drax has invested over $830 million in the Canadian
forestry sector, supporting more than 10,000 jobs and contributing
$1.1 billion to the nation’s GDP in 2021.
Drax looks forward to working closely with the Canadian
government to advance the biomass industry further and create
opportunities for forest workers, including through meaningful
partnerships with First Nations communities and businesses.
Contact Information: Caroline
Bleay Communications Manager,
Canada 780-502-1571 mediacanada@drax.com
About Drax Drax Group’s purpose is to
enable a zero carbon, lower cost energy future and in 2019
announced a world-leading ambition to be carbon negative by 2030,
using bioenergy with carbon capture and storage (BECCS)
technology. Drax’s around 3,000 employees operate across three
principal areas of activity – electricity generation, electricity
sales to business customers and compressed wood pellet production
and supply to third parties. For more information, visit
http://www.drax.com/ca
Pellet production and supply The Group has
18 operational pellet plants and developments with nameplate
production capacity of around five million tons a year. Drax is
targeting eight million tons of production capacity by 2030, which
will require the development of over three million tons of new
biomass pellet production capacity. The pellets are produced using
materials sourced from sustainably managed working forests and are
supplied to third party customers in Europe and Asia for the
generation of renewable power. Drax’s pellet plants supply
biomass used at its own power station in North Yorkshire, England
to generate flexible, renewable power for the UK’s homes and
businesses, and also to customers in Europe and Asia.
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