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Tag: Drax Group

Drax Group to sell 25,000 tons of CDRs from its BECCS at $350/ton

Drax Group to sell 25,000 tons of CDRs from its BECCS at $350/ton

March 28, 2024 |

In Texas, Drax Group announced a new carbon removals deal with Karbon-X. The agreement is the latest indicator of growing demand for high-quality carbon removals from bioenergy with carbon capture and storage (BECCS). Karbon-X will purchase carbon dioxide removals (CDR) credits from Drax representing 25,000 metric tons of permanently stored carbon at $350 per tonne […]

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Drax Group teams with Molpus Woodlands for BECCS in the US Southeast

Drax Group teams with Molpus Woodlands for BECCS in the US Southeast

January 31, 2024 |

In Texas, Drax Group has announced a new partnership with Molpus Woodlands Group (Molpus). The agreement will provide Drax with an option to purchase sustainably sourced woody biomass to fuel its bioenergy with carbon capture and storage (BECCS) operations in the US Southeast. Drax will have the option to take up to 1 million green […]

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