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Weekly Debrief

Top stories from Sat 1 Nov – Fri 7 Nov

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  2. #17

    Drax power plant to go on earning ‘over £1m a day’ from burning wood pellets

    Analysts say Britain’s biggest power plant in line to earn £458.6m a year under new government subsidy contract Britain’s biggest power plant will continue to earn more than £1m a day from burning wood pellets under a new government subsidy contract designed to halve its financial support, according to analysts. The Drax power plant in North Yorkshire is in line to earn £458.6m a year between 2027 and 2031 after the government agreed to extend its subsidies beyond 2026, according to analysts at Ember, a climate thinktank. Continue reading...

    The Guardian Energy
  3. #18

    Flooded UK coalmines could provide low-carbon cheap heat ‘for generations’

    Report says proven technology could benefit thousands in poor quality housing and help UK meet carbon reduction targets Flooded disused coalmines could be a significant source of energy and provide cheap heat to thousands of homes, a new report argues. Mine water geothermal heat (MWGH) systems use the water in flooded coalmines, which is warmed by natural processes, to supply low-carbon heat. Heat exchangers and pumps recover the heat, which is distributed via district heating networks to homes and buildings, providing low-cost, long-term, stable energy. Continue reading...

    The Guardian Energy