Overview
- The UK government has allocated £22 billion in biomass subsidies over three years, including £6.5 billion to Drax, the country's largest biomass power plant.
- MPs warn that sustainability certification schemes rely heavily on self-reporting, raising doubts about the effectiveness of current governance and oversight mechanisms.
- The Public Accounts Committee questions the value of an additional £2.5 billion in subsidies for Drax to invest in bioenergy with carbon capture and storage (BECCS) technology.
- Concerns are raised about the lack of contingency plans if BECCS technology fails to deliver promised carbon reductions, as deployment continues to face delays.
- Drax defends its sustainability certification and compliance, citing Ofgem's endorsement, while past fines and whistleblower allegations add scrutiny to its operations.