Drax Group CEO Will Gardiner issues statement on new U.S. think tank report about BECCS

The Energy Futures Initiative (EFI) has released a new report focused on the opportunities and challenges for deploying bioenergy with carbon capture and storage (BECCS) at scale.

The report – Taking Root: A Policy Blueprint for Responsible BECCS Development in the United States –affirms how BECCS can advance decarbonization needs through dispatchable renewable power production and carbon capture with sequestration to further cement the U.S. as a climate leader in meeting net zero goals.

Drax Group CEO Will Gardiner, said:

“We are very pleased to see the EFI report is emphatic in its embrace of BECCS as a key climate solution. To achieve net zero, governments must support carbon dioxide removal solutions, including BECCS. If properly supported, the U.S. offers a promising environment to deploy BECCS, with the potential to remove up to 2.2 gigatons of CO2 per year. The detailed recommendations provided in the report clearly show the need for federal action to maximize the social, economic and environmental benefits BECCS offers for a clean energy future.”

 “Over the past two years, Drax has been progressing a Global BECCS programme, with a primary focus in North America. Two initial sites in the US South have been selected with 9 more sites under evaluation, creating a pipeline of development opportunities by 2030. If implemented appropriately, the policy framework outlined in the report would enable Drax to deploy BECCS earlier. We stand ready to invest billions in deploying BECCS by Drax in the US unlocking climate, economic and environmental benefits for our communities.”