Drax to double wood pellet production with biomass firm purchase

Wood pellets produced at Drax power station, North Yorkshire. Photograph: Handout

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The owner of the Drax power plant in North Yorkshire is expected to move ahead with a $652m deal to double its production of wood pellets after its shareholders voted 99.9% in favour of buying a Canadian biomass company.

The deal will accelerate Drax Group’s plans to become a leading biomass electricity generator by substituting wood pellets in place of coal at its power plant – despite warnings from scientists, green campaigners and sustainable investors that burning wood pellets could accelerate the climate crisis.

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Source: The Guardian

 

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