Drax

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Net zero tsar and senior Tories among those urging biomass subsidies rethink
Exclusive: Jacob Rees-Mogg and Chris Grayling express concern at system under which Drax made £617m in 2022

Helena Horton and Fiona Harvey

28, Mar, 2023 @3:00 PM

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Drax chief’s pay packet jumped almost 70% to £5.4m in 2022
Campaigners say Will Gardiner’s pay rise comes from subsidies on energy bills paid for by public and accuse firm of greenwashing

Alex Lawson Energy correspondent

17, Mar, 2023 @2:53 PM

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Call to cut UK subsidies as Drax power station profits nearly double
Critics say power generator would make loss without public support as firm boosts dividend after 84% rise in profits to £731m

Alex Lawson Energy correspondent

23, Feb, 2023 @11:06 AM

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Drax power plant workers to strike nine times in three months
More than 180 workers reject pay deal, accusing company of ‘corporate greed’ after bumper £200m profits

Alex Lawson Energy correspondent

08, Feb, 2023 @1:31 PM

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National Grid stands down coal power plants readied to help France
Drax and one EDF unit had been warmed up in response to request over strike concerns and not cold snap

Jasper Jolly and Alex Lawson

26, Jan, 2023 @5:17 PM

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Greenpeace accuses Treasury of distorting its stance on biomass burning
Briefing notes obtained by FoI reveal minister meeting with Drax CEO was told Greenpeace supported practice

Fiona Harvey and Phoebe Cooke

24, Jan, 2023 @11:30 AM

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Currys no longer flavour of the month in the Scando countries | Nils Pratley
It seems nothing is ever straightforward with the UK’s foremost electrical retailer

Nils Pratley

15, Dec, 2022 @7:02 PM

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Hunt’s windfall tax on energy leaves several billion of the table | Nils Pratley
The chancellor’s statement, viewed through the lens of companies and investors, looks ‘a very reasonable outcome’

Nils Pratley

17, Nov, 2022 @7:33 PM

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Chancellor extends energy windfall tax to ‘low carbon’ generators
Jeremy Hunt proposes to raise £14bn by also raising levy to 35% and extending it by two years

Alex Lawson Energy correspondent

17, Nov, 2022 @3:24 PM

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Climate campaigner ejected from Labour event sponsored by Drax power plant firm
Activists interrupt party conference debate to criticise company’s wood-burning biomass operations

Alex Lawson Energy correspondent

27, Sep, 2022 @12:30 PM

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UK accused of funding environmental racism with subsidies to Drax
The power station has paid out millions over alleged overpollution in US south, investigation finds

Sam Quashie-Idun, and Damien Gayle

26, Sep, 2022 @5:00 AM

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Energy bills may rise if government gives Drax more support, say MPs
Britain’s single biggest source of carbon emissions could negotiate over Liz Truss’s £150bn bills freeze

Alex Lawson Energy correspondent

20, Sep, 2022 @5:00 AM

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