Drax, a U.K. renewable-energy company, is launching a new business in Houston focused on overseeing the development of bioenergy with carbon capture and storage (BECCS) plants globally. The new unit aims to provide effective carbon removal solutions...
Troy D. Hanson
January 25, 2024
Drax, the U.K. renewable-energy company, has announced its plans to establish a new business based in Houston, Texas. The primary objective of this venture is to oversee the development and construction of Drax's new-build bioenergy with carbon capture and storage (BECCS) plants globally, including in the United States.
Expected to be launched later this year, the new business aims to strengthen Drax's capabilities in delivering carbon removal solutions to organizations seeking to reduce their carbon footprints. According to Chief Executive Will Gardiner, the establishment of this entity will bring forth a sharper focus and enable the company to scale its operations effectively.
Laurie Fitzmaurice, a highly experienced senior energy infrastructure expert, will lead the new unit. With nearly three decades of expertise in business development, Fitzmaurice has notably served in senior positions for Amazon Web Services.
It's important to note that the installation of BECCS onto Drax's power station in Yorkshire will continue to be managed by the existing U.K.-based team.