Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Thursday 11 August 2022 6:11 pm

Government opens consultation on biomass carbon capture and storage

By: Nicholas Earl

Add as a preferred source on Google
Power generator Drax this morning said that it would hike its interim dividend a tenth after getting back into profit in the first half of the year.
Overall, Baringa has calculated that peak demand for electricity will increase by 4GW over the next four years

The Government has unveiled a consultation, hoping to attract industry views on how to support the development of biomass powered carbon capture projects in the UK over the next decade.

The combination of biomass energy – derived from sustainable plant material – and carbon capture is known as BECCS (Bioenergy with Carbon Capture and Storage.)

The process generates biomass energy and stores the carbon released in the process through Carbon Capture, Usage and Storage (CCUS) technology.

This offers the potential to produce home-grown energy with “negative emissions” – by removing carbon dioxide (CO2) from the atmosphere.

The CO2 can be absorbed during the growth of the biomass can then be permanently removed from the atmosphere using carbon capture technologies.

The consultation seeks views on how the Government can help attract private investment to accelerate the development of this nascent industry.

It hopes the technology will help bolster domestic energy security, while also supporting new job opportunities across the country including industrial clusters developing carbon capture networks.

This follows £37m in government funding awarded earlier this month to innovative biomass projects across the UK.

Read more

Carbon markets must industrialise or the net zero transition stalls

Close-up of a sapling at Aranya Reforestation site in India, showcasing efforts in sustainable forestry and ecological res...

It also comes after commitments set out in the Government’s Net Zero Strategy to support the role of Greenhouse Gas Removal technolog.

This including the ambition to remove 5m tonnes of greenhouse gases per year from the atmosphere by the end of the decade .

The consultation will run until October.

The launch of the consultation comes the same day there have been reports that Business Secretary Kwasi Kwarteng has raised concerns over biomass production at the Drax Power Station.

He has argued that importing US-made wood pellets to be burnt for energy by power company Drax is not sustainable and “doesn’t make any sense,” according to The Financial Times.

Kwarteng told MPs that the Government had not fully investigated the sustainability of burning wood pellets, one of the types of biomass.

He said the Department for Business, Energy and Industrial Strategy had discussed biomass with industry but “we haven’t actually questioned some of the premises” of the sustainability of pellets.

The Government has spent millions subsidising the burning of pellets in Drax’s Yorkshire facility over the past decade and the fuel features prominently in the UK’s net zero strategy.

Read more

The companies leading on climate aren’t waiting for 2050

Large-scale reforestation project in India by Climate Impact Partners, showcasing vast tree plantation efforts.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Energy

Trending Articles

  • Citroën 2CV returns as a £13,000 electric car, and the timing is no accident

  • The former African gold miner taking on the billionaire Issa brothers

  • Rachel Reeves to unveil next steps for ring-fencing reform at Mansion House

  • Wimbledon: HMRC set to slap Sinner and Noskova with £1.6m tax bill

  • Barclays and Lloyds back calls to digitalise UK markets and unlock £33bn boost

More from City PM

  • Carbon markets must industrialise or the net zero transition stalls

    Partner
    Close-up of a sapling at Aranya Reforestation site in India, showcasing efforts in sustainable forestry and ecological res...
  • The companies leading on climate aren’t waiting for 2050

    Partner
    Large-scale reforestation project in India by Climate Impact Partners, showcasing vast tree plantation efforts.
  • Carbon credits are moving up the boardroom agenda

    Partner
    Sabah landscape showcasing climate resilience measures by Climate Impact Partners
  • Carbon Announces Signing of Significant Growth Equity Investment from FTV Capital

    Business Wire
  • Private Department of Sheikh Mohammed bin Khalid Al Nahyan Invests in MidOcean Energy and Forms Strategic Partnership with EIG

    Business Wire
  • ustwo and University of Bristol Launch PRISM, a New Open-Source Tool That Helps Developers Understand the Carbon Impact of AI Usage During Development

    Business Wire
  • First look: The Ferrari Daytona Shooting Brake ‘Hommage’

    Life&Style
    Ferrari Daytona Hommage sports car in vibrant red, showcasing sleek design and iconic style, parked on a scenic road.
  • Northern Trust Appointed to Support TirNua Capital Partners’ Inaugural Infrastructure Fund

    Business Wire

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy · Facebook