Drax

Ofgem to investigate Drax compliance with biomass reporting rules
Regulator expected to examine whether sustainability reports on sourcing of wood pellets meet renewables subsidy criteria
Jillian Ambrose Energy correspondent
31, May, 2023 @1:04 PM

Drax-owned wood pellet plant in US broke air pollution rules again
Amite BioEnergy, which was fined $2.5m in 2021, notified Mississippi facility had breached emission limits
Alex Lawson
29, May, 2023 @11:38 AM

Drax announces £150m share buyback after record profits
Group pauses investment in carbon capture project as it waits for details on possible government subsidy
Jillian Ambrose Energy correspondent
26, Apr, 2023 @10:34 AM

Businesses in north of England ask ministers for help to hit net zero
Leaders of Drax, Siemens and others call for green growth to be a priority and ‘regional disparities’ to be closed
Robyn Vinter North of England correspondent
05, Apr, 2023 @11:01 PM

UK energy strategy casts doubt on Drax’s carbon capture project
Shares in turmoil as government’s plan seems to rule out North Yorkshire biomass plant from race for subsidies
Jillian Ambrose Energy correspondent
30, Mar, 2023 @3:44 PM

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
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