Closed 3 of 37 events
Threads / Power BECCS Business Model / Timeline
Lifecycle stage Response Published
457 days in stage

Power BECCS Business Model

The government is establishing a revenue support framework for Power Bioenergy with Carbon Capture and Storage (Power BECCS) as part of its greenhouse gas removal (GGR) strategy to meet net-zero targets. DESNZ is developing business model regulations and has negotiated a transitional support agreement with Drax running from 2027 to 2031, subject to an independent review of GGR technologies and value-for-money scrutiny.

Log in for AI briefing
Showing 3 of 37 signals
Sort Latest first Oldest first
Family 1
Signal
Year
Body
Role
Clear all
Family: Announcements
23 Oct 2025 | Announcement Department for Energy Security and Net Zero linked

Independent review into Greenhouse Gas Removals (GGRs)

UIN: HCWS983 The independent Review into Greenhouse Gas Removals (GGRs) has published a report of its findings and recommendations to Government.In February, the Government commissioned the independent review of GGRs and appointed Dr Alan Whitehead CBE as the independ...

▤ View document · ↗ GOV.UK · ↓
23 Oct 2025 | Announcement Department for Energy Security and Net Zero linked

Greenhouse Gas Removals: Independent Review

UIN: HLWS981 My hon. Friend the Minister of State for Energy (Michael Shanks MP) made the following Statement today:The independent Review into Greenhouse Gas Removals (GGRs) has published a report of its findings and recommendations to Government.In February, the Gov...

▤ View document · ↗ GOV.UK · ↓
15 Dec 2020 | Announcement Department for Business, Energy & Industrial Strategy linked

Business Impact Target

UIN: HCWS653 My Right Honourable friend Parliamentary Under Secretary of State for Climate Change and Corporate Responsibility (Lord Callanan) has today made the following statement:This statement sets the Government’s Business Impact Target in respect of the economic...

▤ View document · ↗ GOV.UK