tutor2u | Energy Economics - Drax carbon-capture plan could cost…

In the News

Energy Economics - Drax carbon-capture plan could cost British households £500 each

Graham Watson

28th May 2021

There's a degree of controversy surrounding the plans of a North Yorkshire power station to retrofit carbon capture technology.

It is argued that the cost of such a scheme could cost £31.7bn over 25 years, equivalent to £500 per household, Factor in that it's already on track to earn more than £10bn in subsidies for burning wood chips, and the plant could receive more in subsidies than Hinkley Point C nuclear plant.

All of which raises questions about the true sustainability of some of the government's energy plans, and has a number of environmentalists up in arms.

Recommended

Exam support for 2022

Online Grade Booster Courses for A-Level Exams in May & June 2022

Exam technique, advance information support, live revision and more from the tutor2u subject specialist teams

Enrol now

© 2002-2022 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.