Drax Partners With Molpus Woodlands to Fuel Its BECCS Operations in the US South

Drax Group, a carbon removals and renewable energy company, announced on Wednesday that it has entered into a new partnership with Molpus Woodlands Group. The agreement will provide Drax with an option to purchase sustainably sourced woody biomass to fuel its bioenergy with carbon capture and storage (BECCS) operation in the Southeast US.

According to the press release, the agreement will provide Drax with the option to take up to 1 million green tons per year of sustainably sourced fiber under a long-term fiber supply agreement. Drax said this supply will anchor its BECCS developments in the region, which will generate renewable baseload power to contribute toward US energy independence while permanently removing carbon dioxide from the atmosphere.

Drax said that sustainably sourced biomass—when paired with carbon capture and storage technology—is the only carbon negative technology that can permanently remove carbon from the atmosphere while simultaneously contributing to the diversity of the power grid. The fiber to be provided through Molpus meets Drax’s high sustainability standards, enabling the production of high-quality carbon dioxide removals (CDR) credits that can be purchased on the voluntary carbon market to help decarbonize other organizations and industries.