Drax

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

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

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

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

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

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

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

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

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

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

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

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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