Drax to focus on BECCS following £193.3m sale of CCGTs
Drax has sold on Drax Generation Enterprise to VPI Holdings, passing on its four CCGT plants in the process.
Articles tagged with: Generation
REA warns Ofgem pushing ahead with classifying storage as generation must be a 'stopgap'
Ofgem’s decision to classify energy storage as a subset of generation must be a “stopgap measure” until parliamentary time is found.
Renewables near 50% of generation share in Q2 as records continue to be broken
Renewables have continued their record-breaking spell as generation remained high in Q2 2020.
Drax posts 'robust' results despite £44m COVID-19 hit
Drax posts stable results for H1 2020 as its adjusted EBITDA jumps 30% despite an estimated £44 million COVID-19 hit.
BEIS’ intentions questioned as it pushes back development decisions for wind farms
The government has delayed its decision on whether two offshore wind projects can proceed, pushing the deadline to 1 July.
Drax to shakeup management structure for generation business as Andy Koss steps down
Drax is transitioning its executive management structure for its generation business.
COVID-19 and flexibility: Pandemic to ‘change established and expected patterns’
As the COVID-19 lockdown changes demand patterns, the grid's flexibility is put to the test.
Drax to end coal generation in 2021 after debt soared to £841 million in 2019
Drax announces it is to eliminate coal from its generation from next year, as it unveils financial results for 2019.
Plans to bring coal phase-out date forward to 2024 unveiled
The government is planning to bring the phase-out date for coal generation in the UK forward to 2024.