The National Audit Office (NAO) report into the UK government’s support for biomass is about checking that policy represents value for money and a normal response to policy announcements. We see Drax’s BECCS deployment as the only near-term solution at scale that can create negative emissions and it is difficult to see alternatives as offering better value for money in our view.
18 Sep 2023
Drax- NAO Report About Value for Money
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Drax- NAO Report About Value for Money
Drax Group plc (DRX:LON) | 820 45.1 0.7% | Mkt Cap: 2,795m
- Published:
18 Sep 2023 -
Author:
Adam Forsyth -
Pages:
6 -
The National Audit Office (NAO) report into the UK government’s support for biomass is about checking that policy represents value for money and a normal response to policy announcements. We see Drax’s BECCS deployment as the only near-term solution at scale that can create negative emissions and it is difficult to see alternatives as offering better value for money in our view.