The U.K. Department of Energy and Climate Change has spoken out to criticize an article published by the U.K.-based Daily Mail that questions the environmental benefits of the Drax Group biomass conversion and the sustainability of U.S. wood pellets.
With two production facilities nearing completion in Mississippi and Louisiana, the Baton Rouge Transit Facility is a vital link between the fiber resources of the lower Mississippi and a power station in North Yorkshire, England.
On Aug. 7, Drax Group plc released a statement indicating that its second unit conversion is no longer eligible for an investment contract. Rather, the company is expected to proceed with the conversion with support under the Renewables Obligation.
Drax had thought it was favourite to get two 'contracts for difference', designed to encourage investment in renewables
It is hard to keep up with the twists in the tale of Drax's attempts to win fixed-price government subsidies to help convert...
Shares in power company fall 10% after judges say one new biomass-fuelled generator is not eligible for funds
Power generator Drax has admitted defeat in a row over the government's decision to pull the plug on a lucrative subsidy after the court...