On July 28, Drax Group plc released its half-year results for the six months ended June 30, delivering Europe's largest decarbonization project, on time and on budget, while also producing 8 percent of the U.K.'s electricity.
The world's largest ever single shipment of biomass has been discharged on the quayside at Associated British Ports' Humber International Terminal at the Port of Immingham ready for onward transit to Drax power station.
A three-year partnership between Lloyds Register Rail, U.K. manufacturer WH Davis and Drax has reached a significant milestone as Drax takes delivery of its 200th specially designed biomass rail freight wagon.
Britain's renewable energy suppliers and their customers will no longer be exempt from a climate change tax, finance minister George Osborne said on Wednesday, knocking shares in power producer Drax to their lowest ever level.
U.K.-based Peel Ports Group has announced plans for a new biomass terminal at the Port of Liverpool that will be capable of handing up to 3 million metric tons of pellets per year. The facility will supply pellets to the Drax power station in Selby.