Drax has announced its intention to become the first company in the world to be carbon negative by 2030.
Great Britain will need at least 30GW of energy storage if it hopes to reach net zero by 2050, according to new research.
Britain’s power flexibility market is the second worst in Europe, a new report by the Association for Renewable Energy and Clean Technology (REA) has claimed.
Energy companies Orsted, SSE and Drax, along with non-profit climate change think-tank Sandbag, have together written to Chancellor of the Exchequer Sajid Javid, urging him to “maintain the UK’s robust approach on carbon pricing".
Renewable generation soared as Britain hit a new carbon emissions record of just 97g/kWh on 30 June, according to data from Drax.
Drax, Equinor and National Grid’s Ventures arm have signed a memorandum of understanding (MOU) to collaborate on zero-carbon power stations in the UK.
Energy group Drax has become the latest supplier to take aim at the UK’s nascent EV market, launching an end-to-end EV service targeting C&I customers.
Drax has said its ability to support the UK’s energy transition will become increasingly important as low carbon power soars, but the Capacity Market’s ongoing suspension looms large over the firm’s 2019.
Haven Power, the Drax-owned renewable energy supplier, has announced a partnership with demand side response firm GridBeyond to target Haven’s business customer base.