Drax will retain all operational revenues apart from capacity market earnings.

A freight train delivers biomass pellets to Drax Power Station in the U.K. The facility has now received government approval to convert its biomass units to capture carbon from the generation process.

Drax has signed a tolling agreement with West Burton C to gain full operational control and dispatch rights for a ...

Drax has signed a deal with a London-based company relating to a 250Mw (500MwH) battery storage project.

11 March 2010 – Drax, the owner of the UK’s biggest coal fired power station, has embarked on feasibility studies into the use of carbon capture and storage after joining talks with a regional ...

In a move that has sparked widespread criticism from scientists and politicians alike, the UK government has approved plans to install carbon capture technology at Britain’s largest power plant. Under ...

Drax has partnered with Mistubishi Heavy Industries to pilot an integrated bioenergy-carbon capture and storage technology at the utility’s power station in the UK. The new bioenergy with carbon ...

Drax has told investors it was close to agreeing a controversial contract with the government for its wood pellet power station after hiking its dividend despite revealing falling profit. The ...

LONDON (Reuters) - Britain's Drax has started a pilot project to capture and store carbon dioxide emissions at its biomass plant, the first of its kind in Europe, Drax said on Monday. Carbon capture ...

Drax Group Plc shares surged to their highest level in over three years as investors bet that UK utilities could become major beneficiaries of the country’s rapidly expanding data center industry. The ...