Drax

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Questions over £22bn in UK billpayer cash handed to wood-burning firms
Spending watchdog calls for biomass subsidy scheme to have tougher environmental requirements

Jillian Ambrose Energy correspondent

24, Jan, 2024 @11:54 AM

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Fury at plan to extend Drax subsidy to burn trees for electricity
Climate groups and MPs criticise proposals for consumers to foot bill to support biomass plant after existing scheme ends in 2027

Jillian Ambrose

18, Jan, 2024 @5:32 PM

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Drax gets go-ahead for carbon capture project at estimated £40bn cost to bill-payers
Scheme to convert biomass units could become one of world’s most expensive energy projects, experts say

Jillian Ambrose

16, Jan, 2024 @7:09 PM

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Drax denies use of subsidy loophole to avoid £639m payout to households
Bloomberg alleges Drax idled an electricity generating unit and resold its biomass pellets rather than return money to bill payers

Jillian Ambrose Energy correspondent

02, Aug, 2023 @1:07 PM

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UK to run only one coal-fired power plant this winter
Energy company Drax scraps plan to bring two others out of retirement to help guard against power cuts

Jillian Ambrose Energy correspondent

28, Jun, 2023 @4:47 PM

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National Grid in talks with Drax to revive coal-fired units
Plans for North Yorkshire plant discussed as return of scheme to pay customers to reduce electricity during peak times confirmed

Alex Lawson and agencies

15, Jun, 2023 @12:07 PM

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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

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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

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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

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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

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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

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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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