Drax Signs New Low-Carbon CfD with UK Government
Drax Group has secured a new 'low-carbon dispatchable' contract for difference (CfD) with the UK government's Low Carbon Contracts Company. The contract covers all four biomass units at Drax Power Station from April 2027 to March 2031.
The agreement maintains a strike price of £109.90 per MWh (2012 prices), consistent with terms announced earlier in February.
Biomass and Biogas Sector Developments
Scotland’s Renewable Energy Initiatives
Gillian Martin MSP, Scotland’s Cabinet Secretary for Climate Action and Energy, visited BrewDog's anaerobic digestion (AD) and biomethane facility in Ellon, highlighting Scotland's commitment to renewable energy advancements.
Singapore’s Renewable Biomass Transition
Tuas Power revealed plans to convert its Tembusu Multi-Utilities Complex (TMUC) on Jurong Island to operate fully on renewable biomass by 2028, accelerating Singapore's decarbonisation efforts by 22 years ahead of the national timeline.
Egypt’s Biogas and Clean Energy Collaboration
Egypt’s Ministry of Environment, through the Bioenergy Foundation for Sustainable Development, signed a cooperation agreement with Italian energy company Eni to promote biogas production and facilitate the nation's clean energy transition.
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