Drax partners with Molpus Woodlands to fuel BECCS operations in the Southeast US
HOUSTON, Jan. 31, 2024 /PRNewswire/ -- Carbon removals and renewable energy company 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.
- 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.
- "The sustainable fiber secured through this agreement with The Molpus Woodlands Group, a leading US forestry company, takes us one step closer to bringing Drax's BECCS ambitions to life."
- To learn more about BECCS by Drax and our ambition to remove 6 million tons of carbon annually in the United States, visit https://www.drax.com/bioenergy-with-carbon-capture-and-storage-beccs/ .