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Recent Articles

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Company Announces Full Year 2023 Financial Results, Signaling Market Performance and Strategy Insights

Drax 2023 operating profit soars to £908M from previous year's £146M; company targets 8 million tonnes/year of pellet production capacity by 2030, is currently in talks with UK government to ensure Drax Power Station's long-term role in energy security

Green Alliance study suggests using biomass to capture emissions and meet net zero goals could be poor use of taxpayer money, underscoring sustainability concerns of large scale bioenergy in UK, including Drax's BECCS plant conversions

University of Sheffield's Energy Innovation Centre partners with Drax to develop carbon capture and decarbonization technologies; research partnership to also investigate renewable natural gas, hydrogen, battery storage and new BECCS technologies

Public First: UK set for energy 'crunch point' by 2028 due to increased power demand and delayed delivery of new capacities, riskng dependency on intermittent and international power generation; solutions include extending use of nuclear power, biomass

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