Drax’s share price shows signs of recovery as biomass audit looms ENERGY Drax's share price has recovered from last week when the National Audit Office confirmed it will assess the government's biomass strategy.
Drax given biomass boost but support comes with strings attached Drax Drax has received a fresh boost for its biomass ambitions with the government committing to continued support for the industry.
What is biomass? The power source at the centre of latest Drax controversy ANALYSIS Drax faces accusations from it turned off power generation at one of its biomass units, but what is the power source at the centre of debate?
Drax hits back at claim it cut production at biomass unit to avoid £639m customer payout August 2, 2023 Drax has been accused of shutting down production at one of its biomass generators to avoid returning money to customers.
Drax locked in talks with UK government over £2bn carbon capture project July 27, 2023 Drax has confirmed talks are still ongoing with the government over its multibillion pound plans to develop its BECCS facilities.
BP and Heathrow join new BCC business council pitched as CBI rival June 5, 2023 Top global firms have led the charge to support a new rival to the under-fire CBI lobbying organisation. Energy giant BP, power firm Drax, Heathrow Airport and international hoteliers IHG have become founding members of the British Chambers of Commerce (BCC) business council. The organisation is set to take on the Confederation of British Industry [...]
Drax share price slides as Ofgem launches probe into renewable reporting rules May 31, 2023 Ofgem has launched an investigation into whether Drax has broken reporting rules around its flagship renewable payments programme.
Drax under fire over US wood pellet plant breaking air pollution rules May 30, 2023 Drax insists it takes environmental responsibilities "very seriously" after a watchdog uncovered it had been breaching pollution laws.
Drax shuts down coal operations, so will the UK have enough energy this winter? April 25, 2023 Drax has closed the curtain on its coal operations, putting the government under more pressure to secure supplies ahead of winter.
Drax’s renewable status under threat as Ofgem probes greenwashing claims April 6, 2023 Drax is at risk of losing billions of pounds in government funding as Ofgem starts reviewing greenwashing claims linked to the sustainability credentials of its biomass projects.