Government unveils subsidy proposals to support firms burning wood for energy
Biomass currently benefits from controversial subsidies due to end in 2027.
Source: impartialreporter.com
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Biomass currently benefits from controversial subsidies due to end in 2027.
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Energy Secretary Claire Coutinho gave approval for energy firm Drax Group to convert its flagship plant in Yorkshire to capture and store CO2 - the greenhouse gas which causes global warming.
A study found that delivering BECCS at Drax Power Station could save the UK $18.98 billion (GBP 15 billion) in whole economy costs between 2030 and 2050.
£2bn project still hangs in balance over Government funding