Drax strengthens its lead as the UK’s top carbon emitter in 2024

Drax’s generation site recorded a 16% rise in its emissions, consolidating its position as the UK’s main emitter, according to analysis published by think tank Ember.

Share:

Drax’s biomass power generation site remains, for the tenth consecutive year, the single largest source of carbon emissions in the United Kingdom, according to analysis published by think tank Ember. Emissions generated by the plant reached 13.3mn tonnes of carbon dioxide (CO2) for 2024, a 16% increase compared to the previous year. This emissions volume now exceeds that of the next four largest industrial sites combined, as well as that of the country’s top six gas-fired power plants.

Biomass subsidies and imports

Despite the increase in its emissions, Drax Group plc received around £2mn ($2.6mn) in public subsidies per day in 2024, equivalent to £10 ($13) per British household. The majority of the fuel used is imported, with 7.6mn tonnes of wood burned, 99% of which was imported according to Ember. Recent investigations have shown that some shipments originated from old-growth forests. Subsidies for biomass are expected to be halved from 2027 onwards, but Drax is projected to remain the country’s leading emitter at least until 2030, according to Ember.

Emitter ranking and industrial closures

Drax is ahead of Port Talbot Steelworks, the main coal-based steel site, which ceased operations in September 2024 but remains in second place due to emissions in the early part of the year. Pembroke gas-fired power station ranks third. For the first time in several decades, no coal power station is among the 25 largest emitters in the country, with the closure of Ratcliffe-on-Soar marking the end of this industry in 2023.

Ranking composition and sector developments

Gas-fired power stations account for over half of the top 25 emitter sites, even as gas-based production has reached its lowest level in 25 years, at 84 terawatt hours (TWh), representing 30% of total national production. This development results from increased imports and record wind and solar output. Energy-intensive industries such as steel, cement, and refining continue to feature in the ranking, highlighting the need for greater electrification of the industrial sector, a topic set out in the UK’s new industrial strategy.

Frankie Mayo, Senior Energy and Climate Analyst at Ember, stated: “Decarbonising heavy industry requires lower electricity prices and faster grid connections to accelerate a new wave of electrification” (Ember reported on July 17).

North Sea Farmers has carried out the very first commercial-scale seaweed harvest in an offshore wind farm, supported by funding from the Amazon Right Now climate fund.
The UK's National Wealth Fund participates in a GBP 59.6 million funding round to finance a CO₂ capture pipeline for the cement and lime industry, targeting a final investment decision by 2028.
The Bayou Bend project, led by Chevron, Equinor, and TotalEnergies, aims to become a major hub for industrial carbon dioxide storage on the US Gulf Coast, with initial phases already completed.
US-based Chloris Geospatial has raised $8.5M from international investors to expand its satellite-based forest monitoring capabilities and strengthen its commercial position in Europe, addressing growing demand in the carbon market.
The federal government is funding three carbon capture, utilisation and storage initiatives in Alberta, strengthening national energy competitiveness and preparing infrastructure aligned with long-term emission-reduction goals.
Donald Trump approves a substantial increase in US tax credits aimed at carbon capture and utilization in oil projects, significantly reshaping economic outlooks for the energy sector and drawing attention from specialized investors.
The European Union unveils a plan aimed at protecting its exporting industries from rising carbon policy costs, using revenue generated from its border adjustment mechanism.
Colombia is experiencing a significant drop in voluntary carbon credit prices due to a major oversupply, destabilizing the financial balance of associated communities and projects.
France and Norway sign an agreement facilitating the international transport of CO₂ to offshore geological storage facilities, notably through the Northern Lights project and the CO₂ Highway Europe infrastructure.
Frontier Infrastructure Holdings has signed an offtake agreement with manager Wild Assets for up to 120 000 tonnes of BECCS credits, underscoring the voluntary market’s growing appetite for traceable, high-permanence carbon removals.
Global carbon capture and offset credit markets could exceed $1.35 trillion by 2050, driven by private investment, technological advances, and regulatory developments, according to analysis published by Wood Mackenzie.
The Australian carbon credit market is experiencing temporary price stabilization, while the emergence of new alternative financial instruments gradually attracts corporate attention, subtly altering the commercial and financial dynamics of the sector.
Norway has launched a major industrial project aimed at capturing, maritime transport, and geological storage of CO₂, mobilizing key energy players and significant public subsidies to ensure economic viability.
A €21mn European grant, managed by EIB Global, will fund Egyptian projects aimed at cutting industrial emissions and boosting recycling, while a related €135mn loan is expected to raise additional climate investments.
Stockholm Exergi begins construction of a CO₂ capture facility in Stockholm, integrated with the expansion of Northern Lights in Norway, reaching a total storage capacity of 5 million tonnes per year by 2028.
Global emissions coverage by carbon pricing systems reaches 28%, driven by expanding compliance markets, where demand nearly tripled within one year, according to a World Bank report.
Vietnam initiates a pilot carbon market targeting steel, cement, and thermal energy industries to prepare for nationwide regulation starting in 2029.
The U.S. Environmental Protection Agency (EPA) proposes granting Texas direct authority to issue carbon dioxide injection permits, potentially accelerating the commercial expansion of geological CO₂ storage projects.
Höegh Evi and Aker BP received Approval in Principle from DNV for a maritime carrier designed to transport liquefied CO₂ to offshore storage sites in Norway.
Norne and the Port of Aalborg begin construction of a 15 mn tonne per year CO2 terminal, supported by an EU grant.