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.
Articles tagged with: Generation
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.
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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.
Centrica LEM boosted by new storage and generation assets
Centrica’s local energy market (LEM) trial has been beefed up with the addition of a new wind turbine and battery storage.
Solar and storage exports see 'exponential' growth as role of flexibility stressed
Exports of battery storage and solar PV have seen “exponential” growth as weather independent generation falls to less than 40%, according to data from ElectraLink and the Renewable Energy Association (REA).
Rock-bottom CfD results proof renewables are ‘blowing the competition out of the water’
The “exceptionally low” results in today’s Contracts for Difference auction are proof that renewables are “blowing the competition of the water”, the green economy has said this morning.