Search for Drax Group PLC and
  1. 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...

  2. 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...

Special Reports

  1. Energy

    While the US enjoys cheap gas, Europe has become a battleground of conflicting priorit...
  2. Special Report: Innovations in Energy 2013

    Businesses in the sector are rarely thought of as being among those that are driving g...
Search more Special Reports on this topic.

  1. 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...

  2. 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...

  3. 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...

  4. 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...

  5. 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,...

  6. 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...

  7. 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,...

  8. September 30, 2013

    UK housebuilders rise on Help to Buy move

    UK housebuilders hit three-month lows last week on speculation that the government's Help to Buy scheme would be reined...

  9. 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...

  10. August 22, 2013

    Wolseley rises amid dividend talk

    Hopes of another special dividend helped Wolseley push to an 11-week high yesterday as the London market rebounded. Wolseley...

  11. 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...

  12. 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...

  13. 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,...

  14. 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...

  15. 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,...

  16. 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...

  17. 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...

  18. June 3, 2013

    Biomass: Wood pellets muscle in on old role of coal

    Drax, the UK power supplier, is pushing ahead with what is shaping up to be a huge bet on biomass. The company, which has a...

  19. May 1, 2013

    Lombard: Zombie cash-eaters highlight private equity weakness

    In a list of people deserving a second chance, private equity managers would probably vie with investment bankers for last...

  20. May 1, 2013

    Weir Group chairman confirms speculation about resignation plans

    The chairman of Weir Group has confirmed recent speculation of his departure at the year-end, as the FTSE 100 engineer...

  21. April 30, 2013

    UK Coal Operations seeks liquidation after colliery’s closure

    UK Coal Operations, the company that runs two of the last three deep pits in Britain, has warned that it is in danger of...

  22. April 26, 2013

    Shanks outperforms falling market on takeover talk

    A revival of takeover speculation helped Shanks outperform a falling London market on Friday. Shanks gained 3.3 per cent to...

  23. April 24, 2013

    Drax biomass conversion a first for Osborne infrastructure scheme

    A coal-fired power station in Yorkshire will partially be converted to run on biomass with the help of the chancellor’s...

  24. March 20, 2013

    Budget 2013: Measures disappoint construction industry

    Measures to boost infrastructure investment were dismissed as “immaterial” by industry experts, who said the government had...

  25. March 20, 2013

    Shell and Drax remain in carbon contest

    Royal Dutch Shell and the Drax power station will stay in the race for the government’s £1bn carbon capture and storage...

  26. March 8, 2013

    Government pledges Drax biomass support

    A £225m project to convert half of Britain’s biggest coal-fired power station into a biomass plant is to receive a...

  27. February 19, 2013

    UK energy policy – great gas

    There are two risks that hover over energy policy. One is that electricity gets so expensive that consumers cannot afford...

  28. February 19, 2013

    Drax presses on with switch from coal

    Drax Group said it remained on track to convert half its generating capacity from coal to wood pellets and other...

  29. January 28, 2013

    Biomass: Nascent sector tipped to go mainstream despite doubts

    Everyone knows the comforting glow of a roaring log fire. This traditional form of heating is coming back on an industrial...

  30. October 30, 2012

    Anger as Davey drops carbon-capture project

    Ed Davey, the energy secretary, has confounded the power industry by dropping a South Yorkshire project judged the most...

  31. October 25, 2012

    Drax raises £190m for eco conversion

    Drax, the owner of the UK’s biggest coal-fired power station, has raised £190m in a share placing in its latest effort to...

  32. October 19, 2012

    Tax policy worries take toll on Drax

    Utilities were the UK market’s focus yesterday as the FTSE 100 broke a four-day winning streak. Drax , the coal-fired power...

  33. July 31, 2012

    Drax meets interim profit expectations

    Drax Group, the operator of Britain’s largest coal-fired power station, insisted it was well placed to deal with tougher...

  34. July 25, 2012

    Drax shares fall on concern for subsidies

    Shares in UK power generator Drax Group fell sharply on Wednesday after the government announced changes to subsidies for...

  35. April 2, 2012

    Centrica powers ahead as FTSE 100 advances

    Utilities such as Centrica were among the gainers on Monday as the FTSE 100 began the second quarter with its sharpest rally...

  36. March 29, 2012

    Miners lead London falls on metals outlook

    Global slowdown fears sent the London market to its third straight loss on Thursday with miners turning negative for the...

  37. March 2, 2012

    International Power lifted by merger hopes

    Renewed takeover hopes lifted International Power to its highest level in more than a year on Friday. Hopes that GDF Suez...

  38. February 27, 2012

    Biomass power plant shuts down after fire

    A fire at RWE npower’s biomass plant at Tilbury in Essex has damaged storage units holding thousands of tonnes of wood...

Search for Drax Group PLC and