Americas > BECCS champion Drax agrees to pay £25 mln after regulator finds gaps in wood pellet sourcing

BECCS champion Drax agrees to pay £25 mln after regulator finds gaps in wood pellet sourcing

Published 12:12 on August 29, 2024  /  Last updated at 12:12 on August 29, 2024  / /  Americas, EMEA, UK ETS, Voluntary

British power company Drax has agreed to pay £25m to a voluntary redress fund after the UK energy industry regulator found it had submitted inaccurate sustainability data on the sourcing of wood pellets for its biomass plant in north Yorkshire, it said Thursday.
British power company Drax has agreed to pay £25m to a voluntary redress fund after the UK energy industry regulator found it had submitted inaccurate sustainability data on the sourcing of wood pellets for its biomass plant in north Yorkshire, it said Thursday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.