View original ↗on accesswire.com
deal · 24 September 2024
Drax ↔ Karbon-X
Drax: a firm purchase of 25,000 t of bioenergy with carbon capture and storage removal from Karbon-X.
BuyerDrax (stated as Drax Group PLC)
SupplierKarbon-X (stated as Karbon-X Corp)
Tonnes25,000 t
Capture pathwayBioenergy with carbon capture and storage
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionBioenergy with Carbon Capture and Storage (BECCS)
Project locationUnited States
NotesAgreement to broker transactions in carbon offsets. The 25,000-ton CDR agreement was established earlier in 2024; this September 24 announcement marks the official launch of a new brokering agreement building upon that earlier deal. Elimini mentioned as Drax's carbon removal company partner deploying BECCS technology.
Durability defaultedtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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