'This report provides further confirmation that the UK's target of being net zero by 2050 is only achievable with negative emissions delivered by bioenergy with carbon capture and storage (BECCS) - a technology which Drax is pioneering and with the right policy and investment framework from government, could develop at scale in the 2020s.

'Developing BECCS will not only deliver for the climate but also for the economy, powering a post-Covid green recovery - whilst positioning the UK as a world-leader in a ground-breaking new technology.

'It is the most cost-effective negative emissions technology available and uniquely it also produces flexible, renewable electricity - demand for which will grow as the economy decarbonises further.'

View the report: 'Analysing the potential of bioenergy with carbon capture in the UK to 2050'

Read by why experts think BECCS will be an essential part of the energy system

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Drax Group plc published this content on 25 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 August 2020 13:27:32 UTC