Green technology 'could create 50,000 jobs' - Drax reportpublished at 09:38 Greenwich Mean Time 18 November 2020
PA Media
Cutting-edge green energy technologies in the Yorkshire region could create thousands of jobs and boost the economy, according to a report for the owner of the UK's largest power station at Drax in North Yorkshire.
The research says developing technologies to decarbonise industries in the area could lead to the creation of almost 50,000 jobs by 2027 and help the region recover from economic damage caused by the Covid pandemic.
The report found that deploying carbon capture and storage (CCS) and hydrogen technologies in the Humber region would create up to 25,200 jobs in construction and a further 24,500 across the supply chain and wider economy.
Drax is looking to convert its four existing biomass operations at its power station near Selby, to CCS in order to achieve its ambition to become the world's first carbon negative energy company by 2030.
Will Gardiner, Drax Group CEO, said: "The technologies are ready to go, so tens of thousands of jobs could be created as early as 2024.
"This would deliver a real shot in the arm to communities struggling as a result of the Covid crisis," he added.