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

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 tons per year of sustainably sourced fiber under a long-term fiber supply agreement. This supply will anchor Drax’s BECCS developments in the region, which will generate renewable baseload power to contribute toward US energy independence while permanently removing carbon dioxide from the atmosphere.