Drax Group has submitted plans to build the world鈥檚 largest carbon capture facility at its North Yorkshire power station.

The company plans to invest 拢2 billion this decade to develop two units, creating and supporting thousands of jobs, and enabling the 海角视频 to lead the world in a vital new technology needed to address the climate crisis.

Work to build bioenergy with carbon capture and storage could start as soon as 2024. Once operational they would capture at least eight million tonnes of CO2 per year.

Read more: Drax agrees to keep coal on standby as government shores up winter energy options

Will Gardiner, Drax Group chief executive, said: 鈥淒rax鈥檚 BECCS project provides the 海角视频 with a once in a generation opportunity to kickstart a whole new sector of the economy and lead the world in a vital green technology needed to address the climate crisis.

鈥淒rax aims to invest billions of pounds and create thousands of jobs developing BECCS in the 海角视频, provided that the 海角视频 Government has in place policies to support the feasibility and delivery of negative emissions technologies.

Will Gardiner, Drax Group chief executive.
Will Gardiner, Drax Group chief executive.

鈥淏ECCS at Drax will not only permanently remove millions of tonnes of carbon dioxide from the atmosphere every year, but it will also generate the reliable, renewable power this country needs. No other technology can do both.鈥

The submission of its application for a development consent order to the marks a major milestone in the project and follows two major consultations.

Deploying on two of its generating units will support Drax鈥檚 plans to become a carbon negative company by 2030 鈥 permanently removing more carbon dioxide from the atmosphere than is produced right across its operations.

It would link into the pipeline plan as a western anchor for the scheme set to transport hydrogen too in a dual proposal, and as part of the , feeding into the depleted Endurance oil and gas fields under the near North Sea.

That has been selected by the 海角视频 government as a forerunner in industrial decarbonisation.

As reported, Drax plans to source up to 80 per cent of the materials and services it needs to build its BECCS project from British businesses. It recently announced a partnership with British Steel to identify opportunities to source the steel to build it from its Scunthorpe and Teesside steelworks.

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