British Drax Power can now complete the conversion from coal to biomass at the third block of its power plant in North Yorkshire. Monday, the EU Commission approved the aid which the UK government agreed to assign to the energy company in April 2014 via the Contracts for Difference (CfD) system. This means the biomass conversion can be completed this week.
"The granting of the CfD is a symbolic moment in our decarbonisation journey – it marks the close of one phase of development where the power station now makes more renewable than fossil fuel power, and the start of the next," says Andy Koss, CEO of Drax Power, in a press release.
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