C-Zero has reacted quickly to market opportunities for their clients in securing 2000 metric tonnes of carbon capture credits in a ground-breaking partnership with renewable energy giant Drax.
As well as being the biggest renewable power generator in the UK, Drax is home to the largest decarbonisation project in Europe. Its ground-breaking negative emissions technology, Bioenergy with Carbon Capture and Storage (BECCS), captures and permanently stores carbon dioxide from bioenergy generation.
Drax’s carbon removals technology uses sustainably sourced biomass and, when deployed, will permanently remove four million tonnes of CO2 outside the UK by 2030.
This C-Zero service is integral to their client’s net zero emissions targets, which require them to purchase carbon offset credits to compensate for the emissions they cannot cut themselves.
This initiative from C-Zero is ahead of the curve predicted by National Grid’s Net Zero Future Energy Scenarios (FES), which aims to deploy BECCS by 2028 and predicts rapid increases in capacity in the 2030s.
Prime for Carbon Capture
The UK is prime for Carbon Capture and Storage, with Drax planning two 600+ megawatt (MW) biomass units, upgraded with carbon capture technology by 2030. They will deliver 40% of the negative emissions from BECCS, which the UK Climate Change Committee indicates will be needed in 2050 for the UK to reach net zero.
Furthermore, according to the British Geological Survey, there are 70 billion tonnes of potential CO2 storage space around the UK, making this partnership between Drax and C-Zero an essential service in the C-Zero portfolio.
Mike Ridler, Director of C-Zero Markets, commented on the partnership with Drax.
“It’s been a bit of time in the making, but I’m thrilled that the partnership with Drax will help solve the other half of the climate equation with carbon removal.
This will be a crucial development in the market for our clients and us; we are already receiving huge interest.
This market will evolve quickly, and being involved from the start is a game changer for us and, more importantly, our clients.
This will be a global market with the legislation in North America whilst closer to home, the UK “Track 1” Power-BECCS application has been submitted, and shortlisted projects will be announced shortly.”
The team from C-Zero will attend the Biogas Expo at the NEC on Stand A509 on March 29 / 30, where they will be available to discuss how Carbon Capture and Storage can impact your Net Zero aspirations.
The World Biogas Expo will be back in 2023. It’s the world’s leading trade expo solely dedicated to the anaerobic digestion and biogas industry, providing the latest market and technology news, sector by sector, as well as a platform for industry professionals from the UK and overseas to network, share experiences and do business.
Attendance at the event is completely FREE, but you do need to book in advance. Sign up at www.biogastradeshow.com.
Come and join us on 29-30 March 2023, Hall 8, NEC Birmingham.
You will be able to visit us at stand A509
We look forward to seeing you!
The Global Methane Pledge has given renewed purpose to the global biogas industry, while the current energy, fertiliser and CO2 crises have both fuelled demand for biogas/biomethane, digestate and bio-CO2 from AD, and made the case for AD common sense.
The World Biogas Show
C-Zero Markets are exhibiting at the World Biogas show to engage with both producers and suppliers in this exciting and happening market to discuss the options available to them.
Come and check out the C-Zero smart, safe and simple solution to buying and selling Green Certificates on Stand no B701 in Hall 6 at the NEC Birmingham.
Hall 6 opening times
Wednesday 15th June 09:30-17:30
Thursday 16th June 09:30-16:00
Tackling methane emissions caused by human activity is the most ‘immediate and cost-effective’ way to deliver the Paris Agreement target to keep global warming below 2C, ideally 1.5C. That is the conclusion of an in-depth report from the United Nations Environment Programme and Climate and Clean Air Coalition (To Reduce Short-Lived Climate Pollutants), released in May 2021.
The Global Methane Assessment report says with readily available technologies – including anaerobic digestion and biogas – immediate results can be delivered; “the majority of these major abatement potentials can be achieved at low cost, especially in the waste sector”.
Subsequently, at COP26 the EU and US jointly launched the Global Methane Pledge (GMP). To date 112 countries have signed the pledge – committing to reduce global methane emissions by at least 30% from 2020 levels by 2030, which could eliminate over 0.2C warming by 2050. 0.2C might seem a small number but in the context of climate change it is enormous – the equivalent of taking all trucks, cars and shipping Net Zero says John Kerry, former US VP and now the US Special Presidential Envoy for Climate.
The principal sources of anthropogenic methane are agriculture (40%), waste management (landfill and wastewater treatment) (20%) and fossil fuels (processing and distribution) (23%) (UNEP). The case for reducing methane through the recycling of organic wastes through AD is evident, and yet today just 2% of the 105 billion tonnes of organic wastes produced by human activity every year globally are treated and recycled – which means that 98% are still emitting methane.
Ushering in a new era of waste management presents a huge opportunity for our industry and global efforts to stabilise the climate.
The Expo and Summit are free to attend events aimed at facilitating the adoption of biogas globally. So what do they have to offer to you?
- Insights from a range of expert speakers with sessions dedicated to the key themes for our sector.
- Huge opportunities to network, build relationships and understand what new technologies are coming to the market.
- A place to meet and engage with international delegates, share expertise, and hear different perspectives from across the globe.
- Engagement with a wide range of exhibitors to find solutions and partnerships for your business.
- Side events such as the Farmers’ Breakfast and Local Authorities Lunch as bespoke networking opportunities.
We’re delighted to be exhibiting at The World Biogas EXPO 2022, 15-16 June. You will be able to visit us at stand B701 and meet the team.
The World Biogas EXPO will be back in 2022 and it will be LIVE. It’s the world’s leading trade expo dedicated to the anaerobic digestion and biogas industry, providing the latest market and technology news, sector by sector, as well as a platform for industry professionals from the UK and overseas to network, share experiences and do business.
Attendance at the event is completely FREE, but you do need to book in advance. Sign up at http://www.biogastradeshow.com/ .
Come and join us on 15-16 June 2022 at the NEC, Birmingham. We look forward to seeing you!