Drax, operator of the UK’s largest power station, is partnering with the Smart Green Shipping Alliance ( SSGA ), leading dry bulk cargo transporter Ultrabulk, and Humphreys Yacht Design to tackle the mounting issue of CO 2 emissions from the shipping industry. A £100,000-, 12-month feasibility study funded by InnovateUK, the Institution of Mechanical Engineers (IMechE) and private investors has begun, which will examine the potential of fitting the innovative sail technology Fastrig onto Ultrabulk ships importing biomass into the UK for cutting both carbon emissions and costs. The shipping industry emits roughly 3% of global CO 2 and other greenhouse gas emissions (CO 2 -equivalent), or approximately 1 billion tonnes of COCO 2 2 and other GHGs per year—more than twice as much as the UK’s total emissions, from all sources. Drax Power Station in North Yorkshire has transformed its business having converted two thirds of the power […]