The renewable energy storage system at Drax has been approved

Despite opposition, plans to build a renewable energy battery storage facility in a North Yorkshire community were authorized. When consumption from the National Grid is low, the Drax facility near Selby will store electricity generated from Drax Power Station.

Residents, on the other hand, were concerned about the agricultural land loss and how it might affect the village. The 0.7-hectare (1.73-acre) site was approved by Selby District Council. The site, which is 2,000 feet (600 meters) from the power plant, will store enough energy to power 26,000 homes, according to the applicant Aura Power. One of the disadvantages of renewable energy, according to firm representative George Wilyman, is that electricity production cannot be matched to consumer demand.

As per the Local Democracy Reporting Service, he stated that the batteries will store electricity during periods of high generation and then release it as needed to the grid. “It will also help the UK attain energy security,” he said.

 

Rural village

 

Drax, which was once a coal-fired power plant, is now the United Kingdom’s largest renewable power plant, burning wood pellets. Diane Hall, a parish councilor, was among the 20 people who protested the plan. “Drax, despite the magnitude of the power station, is a rural community – the locals would like to preserve it that way,” she wrote in a statement presented to the committee. Given the proposal’s location, Conservative councilor Charles Richardson called it “inconceivable.”

Five other battery sites in Drax and the nearby areas, according to the committee, have either been authorized or had designs submitted for approval. Conservative Councillor John Mackman stated the combined effect of all of these facilities will become an issue at some point since the region does not want to “be swamped.” He did, however, express support for the plan.

As part of a “transformational year” for the company, power producer Drax announced intentions to invest an additional £3 billion in renewable energy this decade. The selling of the CCGT (Combined Cycle Gas Turbine) production assets for £186 million was one of the strategic highlights of last year.

Drax reported adjusted EBITDA of about £398 million in 2021, a decrease from the previous year’s figure of £412 million. The overall profit after tax from ongoing operations was £55 million, which included a non-cash charge of £49 million from revaluing deferred tax balances after verification of UK corporation tax rate hikes beginning in 2023.

“2021 was a transformative year for Drax as we became the world’s leading sustainable biomass generating and supply company while continuing to invest in delivering beneficial results for the climate, nature, and people,” stated Will Gardiner, CEO of the Drax Group. Drax has invested more than £2 billion in the renewable energy over the last ten years, with plans to invest another £3 billion this decade to help the world shift to an economy with low-carbon.

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