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Blow for Drax as UK government set to change tune on biomass

The UK government's proposal to make changes to subsidies has seen a knock-on effect on the owners of the country's biggest coal-fired power plant.

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 wins court appeal over biomass conversion decision

A court has found in favour of one of the UK's biggest power generators, Drax Group, who had appealed against a decision by the government's Department for Energy and Climate Change not to accept eligibility of two of the company's units in an incentive scheme.

Drax CEO confident backup power scheme will lift revenues

The head of UK power producer Drax says the company is in line to benefit from the government's subsidy scheme.

Drax gets approval for 1.8 GW UK gas-fired plant

British power generator Drax Group has gained a key approval for its planned natural gas-fueled power plant project in North Yorkshire. UK Energy Secretary Andrea...

Drax sets world-first ambition to become carbon negative by 2030

British energy company, Drax Group Plc, is set to become the first company in the world to announce an ambition to become carbon negative...

Drax chief says coal may still have vital role

The chief executive of Drax believes coal may still have a role in maintaining the UK's energy security if the government fails to build sufficient alternative capacity to cope with the closure of coal-fired power plants.

Putting energy tax on renewables is ‘like putting alcohol tax on orange juice’ says Drax boss

Dorothy Thompson, the chief executive of Drax Group which operates the UK's biggest power station, has spoken of her dismay at recent changes to UK government policy on renewables.

UK coal power generator Drax prefers co firing over biomass

UK's largest coal-fired power generator has shelved plans to build a dedicated biomass unit but said it is ready to invest heavily in co-firing facilities, which mix environmentally friendly biomass with coal, if enough government support is forthcoming.

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.