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Drax chief to depart

Drax CEO Dorothy Thompson is to step down after 12 years at the helm.

Drax keen on gas conversion after posting loss

Drax is accelerating plans to convert one of its six units to gas in order to bid for a capacity contract as early as 2019. The news comes on the same day the company announced a pre-tax loss of £83m for the first half of 2017.

Drax mulls coal to gas instead of biomass conversion

UK's biggest power producer Drax is considering the conversion of its remaining coal-fired power units to gas, instead of biomass, as originally planned.

Drax in $450m diversification moves

Drax, which owns the UK's largest power plant, is to acquire energy supplier Opus Energy as part of a strategic shift away from coal-fired generation. 

Drax aims to transform to cope with new paradigm

Drax is looking to move more into the renewable energy space in a bid to improve its fortunes in the face of a relentless global drive towards cleaner power.

Drax offers to end coal burning in return for green subsidies

The head of Drax Group, Dorothy Thompson, says they are willing to accelerate the closure of its coal-fired power units in return for green energy subsidies to help develop its biomass power facilities.

Drax mulls mothballing coal-fired plants after posting 2015 losses

British power group Drax could be set to mothball its coal-fired power plants as low gas prices, competition from renewables, withdrawal of government support and the UK's plan to close coal-fired plants by 2025 all take their toll.

Blow for CCS as Drax pulls plug

Drax has announced that it will no longer be investing in the White Rose carbon capture and storage project once the development has been completed and is to withdraw from the Capture Power partnership.

Austerity bursts bio bubble

Just a few years ago, the European biomass sector was expecting a boom time and biogas, while anticipating less dizzy highs, was also looking forward to significant growth.

Drax considers investing in gas-fired power

The chief executive of the UK's largest coal-fired power plant, Drax, says her company is considering investment in gas-fired power generation plants.