Drax CFO to retire and ‘spend more time with my family’
Andy Skelton, CFO of Drax (LON: DRX), has announced that he will retire after his firm finds his replacement.
Drax
INTERVIEW: Drax Group UK BECCS programme director, Richard Gwilliam
Energy Voice speaks to Richard Gwilliam, UK BECCS programme director at Drax Group, to discuss exactly what it will take to decarbonise the Humber industrial region.
Biggest UK carbon emitter Drax receives £550m in green subsidies per year
The Drax power station in Yorkshire receives £550 million per year in green subsidies despite being the largest single carbon emitter in the UK, a report has found.
Setting the right energy transition policy is a ‘tough task’, says Drax boss
As his firm looks to publish its H1 results, Drax CEO Will Gardiner explains the importance of UK policy in the country's energy transition and how BECCS can play a part.
Humber CCUS hub critical to future of UK energy transition – Drax
The creation of a major CCUS hub in the Humber industrial region is essential to the UK energy transition and will accelerate the production of low-carbon products such as Sustainable Aviation Fuel (SAF), according to Drax Group.
Drax sells SME customer book to EDF
UK electricity generator Drax Group (LON: DRX) has sold a book of 90,000 small and medium (SME) business customers to French retail energy giant EDF.
Milestone for £500m Ben Cruachan power station expansion which will create 1,000 jobs
Exploratory ground works are under way at the site of the £500 million Cruachan power station expansion in Arygll.
Drax to explore Viking carbon transport options with Harbour, BP
Drax is to explore a tie-up with the developers of the Viking carbon capture and storage (CCS) project which could see an additional route for sequestering biomass emissions.
Eastern Green Link 2: Hitachi wins work on major Scotland-England grid link
Japanese conglomerate Hitachi has won work on Eastern Green Link 2 (EGL2); a major project to boost grid connection between Scotland and England.
Drax fined £6.1m for charging extreme energy prices
UK power firm Drax Group agreed to pay a £6.1 million ($7.5 million) fine for breaching its license, after charging the grid operator excessive prices to reduce its generation.
National Grid puts coal power on standby to meet UK cold snap
Grid manager National Grid ESO has put two coal-fired power plants on standby in the event that energy supplies are disrupted by a wave of cold weather gripping the UK.
Drax starts exploratory works at landmark Cruachan hydro storage expansion
Drax says it has taken a “significant step forward” in plans to build the UK’s first new pumped storage hydro plant in almost 40 years, with the beginning of preliminary works at Cruachan this week.
UK to set out plans next week on electricity generator windfall tax
The UK plans to announce in the coming days whether it will extend a windfall tax to electricity generators -- a difficult task as the government tries to help consumers struggling with inflation while also supporting renewable energy.
UK could still foist windfall tax on electricity firms’ booming profit
A windfall tax on electricity generators making “extraordinary profits” is still an option, UK Chancellor of the Exchequer Rishi Sunak said Thursday after slapping a similar levy on oil and gas companies.
UK coal-power generation rises to one-month high as wind fades
UK coal-fired power generation jumped to the highest in a month, with wind generation slumping just as morning demand picked up.
Holyrood praised for ‘raising the stakes’ in fight against climate change
The Scottish Government has been praised for “raising the stakes” in the fight against climate change after it published updated proposals to slash carbon emissions.
Five actions to power climate change
As we endure these challenging times, the climate emergency persists, and the planet continues to be threatened. Without a strong and stable economy, the funds to invest in a greener, cleaner future simply won’t be there. Even with the fall in carbon emissions, our modelling shows that the pandemic will only reduce demand through to 2050 by 8%.1
BP, Wood, Subsea 7 among new additions to gender diversity coalition
Energy firms BP, Wood and Subsea 7 are among six new companies joining a coalition to improve gender diversity and inclusion across the industry.
Cruachan power station to get £1m upgrade
Cruachan power station in Argyll is to undergo a £1 million upgrade.
No ‘utopian answer’ to net zero conundrum as ‘whole host of technologies’ needed, Scottish Power chief says
There is no “utopian answer” to meet the UK’s 2050 net zero goal as the solution will require a “whole host of technologies”, the boss of a utility giant has claimed.
Report hails progress in UK’s move towards renewables
The UK’s move towards renewable energy sources has helped drive a faster rate of decarbonisation in the past decade than anywhere else in the world, according to a new study.
Reasons for optimism: Taking stock of carbon reduction achievements and possibilities
As we enter a new decade, I’m sure I’m not alone in reflecting on matters that are personally important, together with major issues that impact on society, the environment and the economy.
UK Government go-ahead for gas plant criticised by lawyers
Environmental lawyers are "considering their options" after the Government overruled planning inspectors to give the go-ahead for a new gas power plant.
UK’s last coal-fire power plants ‘disappearing fast’
After powering the British economy for centuries, coal is a dying breed in the nation’s energy mix.
Climate protestors target SSE and Drax sites over gas plant plans
Protesters have targeted two energy companies over developing new gas power stations which they say spell "climate disaster".