Analysts say power plant group faces headwinds due to lower prices
Drax is the leading faller in the mid-cap index, down 4% on concerns about the outlook for the power station operator.
Shares in the group - which is converting its plants to use...
Oxford Economics recently released a report that details the total impact of Drax Group on the U.K. economy, reporting that Drax contributed approximately GBP 1.2 billion ($1.58 billion) to the U.K.’s gross domestic product (GDP) in 2015.
In the movie Moonraker James Bond has to fight a madman with his own fleet of Space Shuttles. The movie was made in 1979, a golden age for government-subsidized spaceflight. Back then the thought that a man like Hugo Drax could afford a fleet of...
LONDON (dpa-AFX) - National Grid plc. (NG.L) said that it is disappointed
with Ofgem's decision regarding the Drax contract as it believes the costs could
not have been reasonably foreseen.
Ofgem has announced its response to the Proposed...
The first Sustainable Biomass Partnership certificates issued by SCS Global Services were recently presented to Drax Biomass Inc. for its Morehouse BioEnergy and Amite BioEnergy wood pellet manufacturing facilities.
Drax Group plc had a very good first half of the year operationally, is generating 70 percent of its electricity from renewable resources, has drastically lowered its emissions and the Sustainable Biomass Partnership continues to grow.
Government is accused of pouring money away with payments to companies including Shell and Drax
The government has handed out almost £30m to Shell and other companies for work on carbon capture and storage (CCS) despite scrapping their projects...
Seven months after opening phase 1 of its biomass terminal, Peel Ports has dispatched more than 400 freight services from the railheads at the Port of Liverpool to Drax power station in North Yorkshire.
Oops! Unable to complete your request. Please refresh your browser.