Company
Drax Group
LON:DRX
Drax Group is the owner and operator of Drax Power Station, the largest, cleanest and most efficient coal-fired power station in the UK.
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Drax punished too hard for use of factoring, suggests JP Morgan
JP Morgan admits it previously underestimated the use of these tools
Drax hails government support for biomass with carbon capture
Drax is in talks with the government over plans to add carbon capture technology to its biomass power plant
Drax cancels Mississippi meetings on biomass pollution concerns
Drax cancelled the meeting amid scrutiny over it's carbon-neutral biomass operations
Energy CfDs get funding boost, but is it too much?
The government has lifted funding for the latest contract for different round, but how does it all work?
Drax denies accusations it withheld money from households
Drax has repeatedly lowered output from one of its biomass units since last year, a move which meant payments to households were avoided
Drax shares higher on approval for new £500mln hydro plant
Drax has been granted approval to build another facility at the Cruachan pumped hydro storage site
Drax subsidies in doubt over biomass sustainability questions, Lords hear
Drax could lose out on government subsidies if found to have misreported on the source of its wood pellets, the House of Lords heard
Drax, EDF deny government request to keep running back-up coal power stations
Drax and EDF have confirmed the closure of their contingency coal-fired power stations
Drax US projects ‘highly attractive’ – broker
Drax US investment plans should attract strong returns, RBC analysts claim
Drax plans to shift carbon capture to the US lack ‘fundamentals’, says Citi
Citi analysts expressed uncertainty over Drax's £7bn carbon capture investment plan