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The Latest Breaking News from Drax

Power generator Uniper nationalised by German government as stabilisation measure over energy crisis

Gas-focused business with major UK assets has been hit by hikes and impact of Russia's Ukrainian invasion - no plans to sell off

Birmingham Post

World's largest carbon trading deal struck by Drax at New York Climate Week

Biomass-focused renewable energy giant is looking to build a plant in North America

Birmingham Post

Energy bills may rise if government gives Drax more support, say MPs

Britain’s single biggest source of carbon emissions could negotiate over Liz Truss’s £150bn bills freeze

The Guardian - UK

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Centrica and EDF are at the table – now UK ministers must strike a fair electricity price

The companies may have volunteered for duty so speedily because they’re looking for something for themselves

The Guardian - UK

New apprentices recruited to Drax Power Station as it undergoes decarbonisation moves

The energy plant, which is now a biomass operation, is training a group of local people

Birmingham Post

Coal power plant closure ‘postponed to ward off winter blackouts’

The National Grid has already made deals with Drax and EDF to keep open two units each from October to the end of March

The Independent UK

Closure of coal power station set to be delayed to prevent UK blackouts

Under deal, German owner of Nottinghamshire station would be paid a fee to pause decommissioning

The Guardian - UK

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Lame duck Boris Johnson pops in to energy crisis talks - but there’s STILL no plan

The Prime Minister made a surprise appearance at talks in Downing Street, where he lives and works, as bills rise to £4,200 - but announced no new measures to help struggling Brits

Daily Mirror

Burning imported wood in Drax power plant ‘doesn’t make sense’, says Kwarteng

Drax power plant has taken £5.6bn in subsidies from energy bill payers but business secretary says practice is ‘not sustainable’

The Guardian - UK

Drax swoops for Canadian pellet plant to bolster strategic supply

90,000 tonnes to be added to existing operations in North America

Birmingham Post

National Grid asks UK coal power plants to be on standby this winter

Users may also be paid to use less electricity, as country prepares for gas shortfalls across Europe

The Guardian - UK

Opinion: How Britain’s industrial heartlands can forge a greener future

UK decarbonisation champion and director of Industrial Decarbonisation Research and Innovation Centre, Professor Mercedes Maroto-Valer, writes for Business Live.

Birmingham Post

Drax sees earnings rise ahead of major investments in first half of 2022

A strong performance, supporting security of supply, with investment in renewables has been heralded

Birmingham Post

New shipment in Immingham's 110th year as war and construction boom skew market in coal legacy nod

Dash from gas sees ash availability boom - leading to maiden voyage to port built on exporting of coal

Birmingham Post

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Birmingham Post

Drax aims to be big in Japan as Tokyo office opens to launch Asia subsidiary

Ambassador welcome as biomass is the focus for transformed renewable energy giant

Birmingham Post

Drax submits plans for world's largest carbon capture facility

Two-unit proposal would tap into Zero Carbon Humber and East Coast Cluster transportation and storage projects

The Guardian - UK

Twitter must press case against Elon Musk for takeover termination

An agreement on an offer should on principle be binding, not a step in a renegotiation strategy

The Independent UK

‘Total policy failure’: Government less than half way to hitting annual tree planting target

‘Zero chance’ Boris Johnson’s administration will hit own targets, warns trade body

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news in one place.

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Birmingham Post

British Steel lines up Drax mega order as Net Zero infrastructure eyed for carbon capture plant

MoU signed between two regional giants who could be connected by the huge Humber pipeline plans

The Guardian - UK

Is Thomas Heatherwick’s Tree of Trees the new Marble Arch Mound?

Amid accusations of greenwashing, the designer’s steel-tree gift to the Queen appears to be a dangerously inept heir to London’s other recent urban misfire

The Guardian - UK

Queen’s jubilee tree planting sponsors ‘linked to deforestation’

Queen’s Green Canopy scheme’s ‘platinum supporters’ include firms that have been connected to environmental harm, say campaigners

Birmingham Post

Huge appetite to be part of grand Net Zero plan as hundreds of businesses join Drax and Worley in Hull

Meet the buyer event sees contracts worth hundreds of millions of pounds outlined

The Guardian - UK

Will he or won’t he? Rishi Sunak needs to stick or twist on windfall tax

Treasury’s thinking seems to change by the day, but the procrastination is helping no one

The Independent UK

Energy firm Drax ‘ready to move mountains’ for new hydro power project

The company is submitting a planning application for a new pumped storage hydro power station deep inside a Scottish mountain.

Insider UK

Drax ‘ready to move mountains’ for new hydro power project

Energy company states that around 900 jobs could be created over the six years which construction will take

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