Drax is considering using two of its biomass generators to power a data centre in the 2030s, with more detail expected to be ...

New subsidies have been announced for wood-burning power plant Drax, which the Government said would halve costs for ...

Drax Group (LON:DRX – Free Report) had its price objective raised by JPMorgan Chase & Co. from GBX 850 ($10.58) to GBX 900 ($11.21) in a report issued on Tuesday morning, Ratings reports. The firm ...

The UK government and British power generator Drax have reached an agreement to reduce Drax’s subsidies by 50% from 2027 to ...

The Government has announced that from 2027, when the existing payments for the North Yorkshire biomass power plant are due to run out, a new support scheme will come into effect until 2031 which ...

Drax Group, a key player in the UK’s transition away from coal power, has been found mis-reporting use of primary and ...

The UK government and Drax have agreed a deal that will halve the energy producer's subsidies over 2027-2031, while ensuring ...

(Alliance News) - Drax Group PLC on Monday said it has agreed heads of terms with the UK government for the operation of Drax Power Station after 2027. The Yorkshire, England-based power generator ...

Drax's current renewable subsidies schemes come to an end in 2027 and the BBC's discovery of further misreporting of sustainability data by Drax comes as the government is expected to announce an ...

Drax Power Station, which burns wood pellets, is required to report where it sources its wood and whether it is from natural, previously untouched forests. The company paid a £25m penalty last ...

Drax power station in Selby receives millions ... because the electricity produced from burning wood pellets is classified as renewable. Biomass as a clean energy source has long been under ...