Moscow. June 11th. INTERFAX.RU – British generating company Drax Group and Japanese engineering Mitsubishi Heavy Industries Engineering have signed an agreement on the implementation of a carbon dioxide capture and storage project.
According to a joint press release between the companies, the project will be carried out at the Drax power plant in the UK county of North Yorkshire, which operates on biomass and coal.
The British company plans to launch the first bioenergy with carbon capture and storage (BECCS) plant in 2027. By 2030, the plant will be able to capture at least 8 million tonnes of CO2 per year.
As a result, Drax expects to move towards negative net carbon emissions by 2030, which means capturing more CO2 from the atmosphere than it produces.
Drax noted that this will help the UK meet its goal of reducing carbon dioxide emissions by 78% by 2035.
As part of its partnership with UK-based Mitsubishi, it will send a team of carbon capture and storage specialists to London.