Drax Power Ltd. recently commissioned a study from Frontier Economics that addresses the relative system cost of biomass and offshore wind in the U.K. The study determined the relative cost of offshore wind is significantly higher than biomass.
Drax has released management statements consistent with its interim report from July 1 to Nov. 3, which includes details on the company's continued conversion of its U.K.-based power station and potential expansion of operations in the U.S.
LONDON (dpa-AFX) - Drax Group Plc (DRX.L) said its expectations for the full
year remain unchanged.
Since publishing its half-yearly results, trading conditions in the markets in
which the firm operates have remained challenging. However, it...
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.