The proposal for a £700 million biomass-fuelled power plant at Immingham could soon be decided via a government consultation.
Drax Power, the electricity generating giant behind the proposal for Heron Renewable Energy Plant, is confident it will have sight of the consultation results in the near future.
However it requires support for co-firing for the nation’s largest power station at Selby, with a £200 million supply chain boost to handle the anticipated requirement for nine million tonnes of biomass riding on it.
Also there is the maintaining of a level of subsidy in coming years for standalone plants, which Immingham would be.
The decision ultimately rests on the number of Renewable Obligation Certificates (ROCs) granted per MWh of electricity produced from a green source.
Initial figures of one ROC for co-firing and a reduction from 1.5 to 1.4 for standalone biomass is under review.
Peter Emery production director at Drax, said: “Delivering reliable low carbon power is very good news for the UK. It is good for security of supply, good for the environment and good for the consumer because it reduces cost.”