Yorkshire plant has been criticised for taking material from some of British Columbia’s most environmentally important forests ...

Drax Power has asked the UK government to consider creating a new, dedicated Renewables Obligation Certificates (ROC) subsidy banding for the burning of biomass in converted coal fired boiler units. 2 ...

Drax (DRX) has shifted its major focus for its eponymous power plant from a carbon-capture-equipped wood-burning asset to a ...

Drax Group PLC (DRXGF) reports strong financial performance with increased dividends and strategic investments, while addressing challenges in the Canadian pellet business.

THE controversial Drax power plant was handed £869million in public subsidies last year - equating to £2million a day – for mostly burning forest biomass, a new analysis has suggested. The ...

Investing.com -- Shares of Drax Group (LON:DRX) climbed 4% as the company announced a new Contract for Difference (CfD) ...

Drax Group (LON:DRX) executives highlighted record renewable power generation, strong cash flows, and progress on a broadened U.K. flexibility strategy during the company’s latest results call, while ...

Between 89 and 148 jobs will be cut at Drax Power Station in spring 2027, the GMB Union said. The job cuts could represent more than 30% of Drax's workforce at the site, the union said, citing a ...

Drax Group reported record 2025 renewable generation on Thursday, and set out plans to return more than £1bn to shareholders, as it targeted up to £700m of adjusted EBITDA annually beyond 2027 and ...

U.K. power generator Drax Group (OTCPK:DRXGF) (OTCPK:DRXGY) said Tuesday it plans to spend as much as $12.5B in the U.S. over the next decade to build new biomass power plants with carbon capture and ...