The terminal will feature a rail loading facility and storage capacity for 100,000 tons. It will be designed to manage up to three million tons of wood pellets a year, as part of the decarbonization of Drax power station in Yorkshire.
The wood pellets will be used as sustainable low carbon fuel source at Selby-based Drax power station, which is being transitioned from coal to sustainable biomass to reduce its CO2 emissions by around 12 million tons.
Scheduled to be fully commissioned in July 2016, the terminal is expected to create up to 300 jobs during construction phase and 47 permanent jobs on commencing operations.
Drax Power CEO Andy Koss said: "The biomass terminal at the Port of Liverpool, will enable us to further our ambitious decarburization plans and ensure DRAX continues to lead the charge when it comes to creating sustainable, affordable renewable power.
"By shipping to Liverpool and transporting our biomass via rail, Peel Ports have provided us with a logistics solution which minimizes carbon emissions and helps us maintain our low-carbon manifesto."
