British companies are preparing for the UK government to decide how to spend more than $1 billion on infrastructure capable of capturing and burying millions of metric tons of carbon dioxide pollution.
Drax is aiming to become "carbon negative" by 2030, in what the company claims is a world-first move to tackle climate change.
One in three businesses has been hit by power cuts in the past year, highlighting how the UK's electricity supply has become "unreliable", a new study suggests.
Creating the "world's first net zero carbon industrial cluster" could help protect thousands of jobs and make a major impact to cutting emissions, its backers said.