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.
The energy transition is walking the UK into a ‘two-tier economy’ where communities and businesses in whole regions of the country are left behind with higher bills and less access to new technologies.
The UK has reached a “major milestone” in its decarbonisation of the power sector, having witnessed renewables capacity exceed that of fossil fuel generation.
Drax Insight’s latest Electric Insights report for Q2 2018 has revealed that coal generation fell to new lows between April and June, responsible for 1.3% of the country’s power mix over the period and less than 1% in June alone.
RWE Generation is investigating the construction of a 100MW battery at its Tilbury power station as part of plans to convert the former coal-fired plant to a gas peaking plant.
Drax Power has hit back at a report which questioned the economic case for biomass, insisting the technology was the “only reliable, flexible” renewable that can be deployed at scale in the UK.