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    1. June 18, 2015

      Natural gas glut puts squeeze on Drax

      The prospect of lower power prices left Drax among the London market’s sharpest fallers on Thursday. The owner of Britain’s...

    2. June 7, 2015

      Corporate diary: June 8 — June 12

      Diary commentary from FT reporters; data and company announcements, unless otherwise stated, from Thomson Reuters. Company...

    Special Reports

    1. Special Report: Innovations in Energy 2013

      Businesses in the sector are rarely thought of as being among those that are driving g...
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    1. February 27, 2015

      Generating returns from renewables

      In December 2003, off the coast of Prestatyn, north Wales, the blades of the UK’s first offshore wind turbines started...

    2. February 24, 2015

      Drax cuts dividend on profit fears

      Drax Group has cut its dividend amid fears of a continued squeeze on profits from its coal-fired generating business this...

    3. February 19, 2015

      Drax falls on fears of subsidy cuts

      Another regulatory setback meant Drax , the power station owner, was among Thursday’s biggest fallers. Drax lost 3.4 per...

    4. FT Alphaville

      February 10, 2015

      Markets Live: Tuesday, 10th February, 2015

      This is the transcript of the Markets Live session ending at 12:01 on 10 Feb 2015. Participants in this session were: ...

    5. January 22, 2015

      Drax bounces on biomass hopes

      Drax rallied from a four-year low on Thursday as investors were given a sliver of hope on state aid. The power station owner...

    6. December 18, 2014

      Drax appoints Phil Cox as new chairman

      Drax Group, the electricity generator, has appointed Phil Cox, former head of International Power, to replace Charles Berry...

    7. FT Alphaville

      December 12, 2014

      Markets Live: Friday, 12th December, 2014

      This is the transcript of the Markets Live session ending at 12:05 on 12 Dec 2014. Participants in this session were: Paul...

    8. October 3, 2014

      Green energy deals risked over-rewarding developers, say MPs

      The award of contracts worth up to £16.6bn to operators of eight sustainable energy projects by ministers failed to secure...

    9. September 5, 2014

      Why Woodford dumped his HSBC stake

      Renowned fund manager Neil Woodford has sold his entire position in global bank HSBC, just two months after acquiring the...

    10. August 7, 2014

      Drax shares fall after Court of Appeal ruling

      Shares in Drax Group fell by as much as a tenth on Thursday after the UK’s Court of Appeal backed the government’s right to...

    11. July 29, 2014

      Drax earnings fall on carbon tax increase

      Drax Group, the operator of Britain’s biggest power plant, suffered a 15 per cent drop in earnings in the first half due to...

    12. July 23, 2014

      UK energy department reverses Drax biomass decision

      The Department of Energy and Climate Change has reversed its decision to exclude Drax Group from receiving an enhanced...

    13. July 23, 2014

      Drax gains on hopes for project approval

      Clarity remains in short supply for investors in Drax, the Yorkshire power station owner. The European Commission on...

    14. July 23, 2014

      Biomass report adds to debate on power station subsidies

      Burning wood to generate electricity can produce as many of the carbon dioxide emissions responsible for climate change as a...

    15. July 15, 2014

      Drax wins appeal over biomass conversion contract

      Drax Group has won an appeal against a decision to exclude it from receiving a £1.3bn investment contract to fund the...

    16. FT Alphaville

      May 21, 2014

      Rise of the Bond villains

      - Our economy needs investors like Mr Zorin. California welcomes him with open arms. - May I quote you on that, Mr Howe? -...

    17. May 4, 2014

      Scientists attack biomass power subsidy

      Some of the most distinguished scientists in the US have written to UK energy secretary Ed Davey, urging him to abandon the...

    18. April 23, 2014

      Saga to set sail leaving AA to make roadside repairs

      Saga, the financial services and travel group focused on cruise-loving over-fifties, has lived up to its name in its voyage...

    19. FT Alphaville

      April 23, 2014

      The (early) Lunch Wrap

      Good morning New York, FT ALPHAVILLE We note a few Ukraine effects in Russia. NEWS Germany led an expansion in business...

    20. April 23, 2014

      Drax shares hit by UK subsidy move

      Shares in Drax, the UK power generator, fell more than 13 per cent after it said it was launching legal proceedings against...

    21. April 16, 2014

      UK carbon capture scheme wins €300m from EU

      Brussels is to grant €300m to a pioneering carbon capture and storage project in the UK. The move comes as the EU seeks to...

    22. February 24, 2014

      Brussels probes UK state aid for Drax power station project

      Brussels has started a preliminary investigation into whether the UK breached state aid rules when it guaranteed a £75m loan...

    23. February 18, 2014

      Carbon costs weigh on Drax

      Falls in the price of imported coal were outweighed by the scrapping of emissions allowances and a new carbon price support...

    24. December 19, 2013

      Green subsidy snub puts power station’s future in doubt

      The future of one of Britain’s largest coal-fired power stations hangs in the balance, after it was told it would not get an...

    25. December 18, 2013

      Onshore wind farms face competition for subsidies

      Onshore wind farms will have to compete with each other for state subsidies after 2015 – driving the price down further – as...

    26. December 11, 2013

      Europe’s biomorass

      Ask most people how the EU generates the growing proportion of its energy it has to produce from renewable sources and they...

    27. December 9, 2013

      Energy: Forest fuels

      Wood pellets sound harmless. In fact they are highly combustible, 100 times easier to ignite than coal. When a pile of them...

    28. December 4, 2013

      UK’s Drax power group boosted by support for biomass switch

      Shares in Drax jumped on Wednesday after the owner of Britain’s biggest electrical power station, in North Yorkshire,...

    29. November 17, 2013

      Drax powers a brighter future with biomass

      It may be good for the planet but it is explosive stuff. The feedstock behind attempts by Britain’s biggest emitter of...

    30. October 14, 2013

      Case study: biomass fuels industrial rebirth in the UK

      Ironbridge, the 18th century birthplace of the Industrial Revolution, and Drax, the UK’s biggest coal-fired power station,...

    31. September 29, 2013

      Grangemouth applies for government guarantee to convert to US shale

      Ineos, a privately owned chemicals group, has asked for an infrastructure loan guarantee from the UK government to convert...

    32. August 14, 2013

      Drax begins £700m conversion to wood pellets

      The biomass industry may be on the ropes but some big projects are moving ahead. Drax, which operates the largest coal-fired...

    33. July 29, 2013

      Shire boosted by growth hopes

      Shire led the risers in a flat London market yesterday as sector consolidation and growth hopes lifted the stock to a record...

    34. June 29, 2013

      PPF to take on UK Coal pensions

      The bulk of Britain’s coal industry is set to end up in the hands of the Pension Protection Fund with UK Coal Operations,...

    35. June 27, 2013

      Smiths Group among top UK gainers on break-up hopes

      Break-up hopes put Smiths Group among the London market’s top gainers on Thursday, with analysts arguing that the sale of...

    36. June 27, 2013

      UK has far more shale gas than previously thought

      Ministers have moved to plug Britain’s looming energy gap with a flurry of measures to encourage investment in shale gas,...

    37. June 14, 2013

      Dorothy Thompson managing shift to sustainable fuel

      Dorothy Thompson, who becomes a Commander of the British empire in the Queen’s birthday honours, is one of the few women at...

    38. June 7, 2013

      It’s not so grim up north as green shoots of growth appear

      Work has begun in Leeds on foundations for the city’s first new high-specification office block for five years. In Grimsby...

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