A proposal for funding to develop a comprehensive plan for decarbonising the Humber has been submitted to the government’s Industrial Decarbonisation Challenge Fund.
Drax posts stable results for H1 2020 as its adjusted EBITDA jumps 30% despite an estimated £44 million COVID-19 hit.
Drax’s Cruachan Power Station has started to provide National Grid ESO with inertia as part of a six-year contract.
A pilot bioenergy with carbon capture and storage (BECCS) project is to take place in a partnership between Drax and Mistubishi Heavy Industries Engineering (MHI).
Drax has revealed it is working on what it is lauding as a ‘ground-breaking’ polyphase SMETS2 smart meter.
Drax is estimating that it is to take a £60 million hit from the impact of COVID-19 as its Customers business feels the bite due to plummeting demand.
Zero Carbon Humber project expands as eleven energy and industry companies form a consortium to develop a decarbonised industrial cluster.
Drax is transitioning its executive management structure for its generation business.
Drax CEO Will Gardiner spoke to Current± about why ending coal made sense, what will happen to the remaining units post-2022 and how bioenergy alongside carbon capture and storage (BECCS) fits into the future energy mix.