Biomass Magazine  7 hrs ago  Comment 
The Drax Group plc has announced financial results for the first half of the year, reporting that biomass now accounts for more than 20 percent of the its output. Both the first converted unit and the enhanced cofiring unit are performing well.  Jul 29  Comment 
Power station group on track with conversion to low-carbon biomass burning Drax, the power group in the process of converting coal-fired units to biomass, has been hit by the rising cost of carbon tax. Half year earnings fell 15% to £102m, and...
Biomass Magazine  Jul 28  Comment 
A recent regulatory filing made by the Drax Group plc indicates the company could be one step closer to securing an investment contract for a second biomass unit conversion under the Final Investment Decision Enabling (FID Enabling) mechanism.
Financial Times  Jul 23  Comment 
The EC on Wednesday approved the UK’s framework for fixed-price renewable generation subsidies as well as allowing early awards for offshore windfarms. But it gave no equivalent ruling for biomass projects  Jul 14  Comment 
High Court says Drax second unit eligible for subsidy, reversing government decision Drax has won a High Court judgement against the government over subsidies for its power station units. The company, presently converting its units from coal to...
Biomass Magazine  Jul 11  Comment 
Drax Biomass is moving its headquarters from Burlington, Massachusetts, to the Atlanta, Georgia, suburb of Sandy Springs. The announcement was made July 8 by the Georgia Department of Economic Development.
Reuters  Jul 8  Comment 
British utility Drax has won 300 million euros ($409 million) in EU funding to develop technology to bury carbon emissions from a new coal-fired power plant, the European Commission said on Tuesday.



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