Evero – InBECCS

InBECCS is a carbon capture retrofit project on the existing bioenergy power plant operated by Ince Bio Power Ltd (IBPL) aiming to capture and permanently store up to 217,000 tonnes of CO₂ each year. The plant has a gross generating capacity of 26.6MW of low-carbon renewable electricity for export to the grid, processing approximately 170,000 tonnes of locally sourced category-C waste wood.

The project will capture CO₂ from the existing flue gas stream. Greater than 95% of the CO₂ content of emissions is biogenic. The project will use post combustion, amine-based capture technology that is technically and commercially proven. The captured CO₂ will be transported and permanently stored in the HyNet transport and storage system operated by Liverpool Bay Carbon Capture & Storage, which is repurposing depleted oil and gas fields with existing and new pipeline infrastructure for long-term storage.

From the durable storage of biogenic CO₂, the project will generate and sell engineered carbon removal credits in the Voluntary Carbon Market (VCM). VCM revenues will be supported by a Contract for Difference (CfD) negotiated with the UK Government under the Greenhouse Gas Removal Business Model (GGR), through which the project will receive Difference Amount payments, which equal the difference between the CfD strike price and the achieved sales in the VCM.

1. Waste and Emissions Management: Using post-consumer waste wood for BECCS provides an efficient disposal route for materials that would otherwise be sent to landfill and ultimately contribute to increased atmospheric methane emissions.

2. Circular Economy: This approach supports the principles of a circular economy and the waste hierarchy by transforming waste with no other use into a valuable resource for energy generation and carbon removals.

3. Economic Growth and Jobs: The deployment of BECCS projects will support local jobs in construction and the supply chain, as well as create long-term green jobs at the Ince Bio Power plant.

4. Support for Hard-to-Abate Sectors: The permanent carbon removal credits generated by InBECCS can be used to offset residual emissions from sectors that are hard to decarbonise, such as data centres, aviation, and heavy industry.