Drax group company Congo Republic

Who is Drax Group?

Drax Group is a renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. Drax operates a generation portfolio of sustainable biomass, hydro-electric and pumped hydro storage assets across four sites in England and Scotland.

Is Drax a carbon negative company?

Drax Group’s ambition is to become a carbon negative business by 2030, through innovative greenhouse gas removal technology. We believe investing in our people goes hand-in-hand with enabling the green energy transformation and positive future growth. What is bioenergy with carbon capture and storage (BECCS)?

Who owns Drax Power Station?

In 1990, the electricity industry of England and Wales was privatised under the Electricity Act 1989. Three generating companies and 12 regional electricity companies were created. As a result of privatisation, Drax Power Station came under the ownership of National Power, one of the newly formed generating companies.

What is Drax Group's key asset?

Drax Group's key asset is Drax Power Station. Originally built, owned and operated by the Central Electricity Generating Board (CEGB), Drax Power Station was constructed and commissioned in two stages. Stage one (units 1, 2 and 3) was completed in 1974.

Is Drax scraping Europe's largest gas plant after climate protests?

Energy Live News. 30 July 2019. Retrieved 26 January 2021. ^ Ambrose, Jillian (25 February 2021). "Drax scraps plan for Europe's largest gas plant after climate protests". The Guardian. ^ "BBC Panorama: The Green Energy Scandal Exposed". BBC Panorama. 3 October 2022. Retrieved 4 October 2022.

When did Drax Group acquire Haven Power & Billington Bioenergy?

In 2009, Drax Group acquired Haven Power – enabling it to sell electricity directly. In 2015, the Group acquired Billington Bioenergy, specialists in providing sustainable biomass pellets for domestic energy systems.