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policy instrument
UK BECCS subsidy adjustment
Jurisdiction countryUnited Kingdom
Instrument typeprocurement
Authoritygovernment
PathwaysBioenergy with carbon capture and storage
Scopecarbon removal and point-source capture
Statusin-force
DetailNew agreement whereby low carbon dispatchable power is only used when needed. Drax's two BECCS units could remove 8Mt of CO2 annually.
Monetary noteUK government halved subsidies to Drax power station
Stated statusin-force
Pathway scopespecific
Pathway notesubsidy adjustment specifically concerns Drax's BECCS units removing CO2
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