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The Latest Breaking News from Drax

UK using more wood to make electricity than ever, Drax figures show

Giant biomass plant reveals burning of wood pellets made 9% of UK’s electricity in July, its largest ever monthly share

The Guardian - UK

Drax, the forestry industry and the guise of ‘green’ energy

Letters:

The Guardian - UK

Drax still burning 250-year-old trees sourced from forests in Canada, experts say

Exclusive: report by Stand.earth says subsidiary of power plant received truckloads of whole logs at biomass pellet sites

The Guardian - UK

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Drax power plant to go on earning ‘over £1m a day’ from burning wood pellets

Analysts say Britain’s biggest power plant in line to earn £458.6m a year under new government subsidy contract

The Guardian - UK

Mississippi residents sue UK-owned biomass firm granted permit for more emissions

Nearby residents say they have had health concerns due to air pollution from Drax Biomass facility

The Guardian - US

Make Drax wait for its next subsidy deal. An FCA investigation is serious

Ministers should find out what the regulator says before signing away a further £1.8bn of public money

The Guardian - UK

Blue chips falter as FTSE outshone by European peers

The FTSE 100 index closed down 38.68 points, 0.4%, at 9,216.82.

Evening Standard

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Drax’s shares plunge as City watchdog investigates sourcing of wood pellets

FCA inquiry into biomass power station relates to disclosures and transparency over two-year period

The Guardian - UK

Drax under investigation by City watchdog over biomass sourcing

The probe comes after claims by Drax’s former head of public affairs that the company had misled over its sourcing of wood for biomass pellets.

Evening Standard

Plans for 1500 solar panels for historic Scottish hydro power stations

EIGHT historic hydro power stations across the south west of Scotland could have hundreds of solar panels fitted to them ...

The National (Scotland)

Cutting down forests to feed Drax incurs a huge carbon cost

Letters: Alex Sobel MP writes paying Drax billions of pounds to burn forests is not a coherent climate strategy; Tom Blandford suggests Drax is a stepping stone to a low carbon future; Peg Putt deplores its emissions ‘reductions’ scheme; plus a letter from William Carmichael

The Guardian - UK

Ancient trees are shipped to the UK, then burned – using billions in ‘green’ subsidies. Stop this madness now

The evidence against the Drax power station is damning, yet the government wants to continue its massive public funding, says campaigner Dale Vince

The Guardian - UK

Calls for Drax to be forced to fully disclose its biomass sourcing

Campaigners say the publication of key KPMG report must be a condition to MPs extending subsidies scheme

The Guardian - UK

UK ‘could take more US wood pellets to burn for electricity’ amid trade talks

The US agriculture secretary said the US is ‘100% confident’ that its wood chips meet the UK’s sustainability requirements.

Evening Standard

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The Guardian - UK

Drax abandons AGM after confrontation with green activists

Between 10 and 20 protesters are forcibly removed after challenging the board about use of woody biomass

The Guardian - UK

Drax needs a better policeman

Public confidence in the UK biomass industry is low – robust checks are needed to ensure every wood pellet its power plant burns is sustainable

The Independent UK

Biomass power generators could be ‘marking own homework on sustainability’

The Public Accounts Committee said certification schemes aiming to ensure biomass has been sustainably sourced may not be strong enough.

The Guardian - UK

Drax is the subsidy show that goes on and on

Government cranks handle again for group owning Yorkshire power plant because cheaper generating capacity not in place

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Evening Standard

FTSE 100 strikes another record high as BP shares jump

The FTSE 100 finished 67.27 points, or 0.77%, higher to end the day at 8,767.80.

The Guardian - UK

UK halves subsidies for Drax and says it must use 100% sustainable wood

North Yorkshire power plant has been criticised for burning wood pellets sourced from US and Canada

The Guardian - UK

Green campaigners fear UK to renew subsidies to Drax power station

Billions of pounds from energy bill-payers to run out in 2027 but could be extended as soon as Monday

The Guardian - UK

Wes Streeting heckled by climate protesters at Fabian Society address

Speech calling for unity against ‘populist right’ interrupted by two women opposed to Drax power plant subsidies

The Guardian - UK

Burning wood for power not necessary for UK’s energy goals, analysis finds

Experts say UK should stop biomass burning as electricity sector decarbonisation by 2030 can be achieved without it

The Independent UK

How mega-polluters take advantage of billions in green loans

Some of the world’s biggest polluters are reaping billions of dollars through a lax form of green finance, a new investigation by The Examination has found

The Guardian - UK

Anger at UK’s ‘bonkers’ plan to reach net zero by importing fuel from North Korea

Government criticised over list of potential countries for sourcing biomass, which also includes Afghanistan

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