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    1. 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...

    2. 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...

    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...
    Search more Special Reports on this topic.

    1. 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...

    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...

    3. 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...

    4. 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...

    5. 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...

    6. 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...

    7. 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...

    8. 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...

    9. 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...

    10. February 21, 2012

      Dominant shareholders create case for danger money

      Poor Bob Ivell. The Mitchells & Butlers chairman appears to be struggling to attract a high-calibre chief executive to...

    11. February 21, 2012

      Drax prefers co-firing over biomass

      The operator of the UK’s largest coal-fired power generator has shelved plans to build a dedicated biomass unit but...

    12. August 2, 2011

      Drax renews call for biomass support

      Drax, the operator of Britain’s biggest coal-fired power station, reiterated its call for more government support for...

    13. February 22, 2011

      Hands back on firmer ground

      Good news for Terra Firma investors. The private equity group’s funds have recovered from their levels in 2009,...

    14. February 22, 2011

      Drax raises biomass project hopes

      Drax said it hoped government incentives would help it proceed with a £2bn biomass project later this year. The power...

    15. January 30, 2011

      Transcript: FT Roundtable on Energy Policy

      Speaker key MD – Martin Dickson, deputy editor, Financial Times MH – Mark Hanafin, managing director of Centrica Energy...

    16. August 3, 2010

      Subsidy reform threatens Drax biomass push

      The chief executive of Drax, the UK’s biggest power station, has said that government reforms of subsidies for...

    17. July 1, 2010

      Drax to convert boiler to use biomass fuel

      Drax, the UK’s biggest power station, is to convert one of its coal-fired boilers to use biomass, as the start of an...

    18. February 24, 2010

      Drax concerned over subsidies

      The chief executive of Drax would be "stunned" if the company did not go ahead with its plan to build biomass-fired...

    19. February 23, 2010

      Drax remains hopeful on biomass power plants

      The chief executive of Drax would be “stunned” if the company did not go ahead with its plan to build biomass-fired...

    20. February 20, 2010

      Drax chief says carbon prices too low

      Carbon prices and other incentives for renewable energy are not high enough to make it worthwhile for the UK’s biggest...

    21. January 8, 2010

      Eaga wins £14m Drax contract

      Eaga, the green support services company, has reinforced its position in the household energy efficiency sector after...

    22. December 17, 2009

      Drax hedges sales and costs for 2010

      Drax, the coal-fired power station owner, has used forward contracts to avoid being hit by the narrow spread between...

    23. December 16, 2009

      Drax hedges sales and costs for 2010

      Power play: the price of UK electricity depends on the price of gas, which is at a low level because of a surplus in...

    24. August 5, 2009

      Call for more intervention on energy

      An "interventionist" approach by the government will be needed if security of energy supply is to be guaranteed, a...

    25. August 5, 2009

      Profits at Drax fall 77% amid flagging demand

      UK electricity demand has suffered an "unprecedented" fall and is likely to remain weak into the winter, according to...

    26. August 5, 2009

      Drax suffers plunge in demand

      Electricity demand has suffered an "unprecedented" fall, and is likely to remain weak into the winter, according to...

    27. August 4, 2009

      Call for more intervention on energy

      An “interventionist” approach by the government will be needed if security of energy supply is to be guaranteed, a...

    28. August 4, 2009

      Drax suffers plunge in demand

      Electricity demand has suffered an “unprecedented” fall, and is likely to remain weak into the winter, according to...

    29. July 10, 2009

      Drax puts corporate brokers through rare test

      The brash business style of Sir Alan Sugar is a long way from the City of London's cosy heritage of corporate broking...

    30. July 10, 2009

      Corporate brokers in contest for Drax mandate

      The City of London's traditional corporate broking culture - a cosy world inhabited by upper-class gents whose...

    31. July 9, 2009

      ‘I’m a broker, get me out of here’

      The brash business style of Sir Alan Sugar is a long way from the City of London’s cosy heritage of corporate broking –...

    32. March 4, 2009

      Drax resigned to price drop

      Drax, the electricity generator, said power prices would remain depressed for some time because of the recession,...

    33. March 3, 2009

      Drax resigned to price drop

      Drax, the electricity generator, said power prices would remain depressed for some time because of the recession, which...

    34. November 20, 2008

      The seven leading executives of FTSE 100 companies

      Katherine Garrett-Cox Became chief executive of Alliance Trust this year, after joining in 2007. She had worked for...

    35. October 24, 2008

      Drax to invest £2bn in renewable energy

      Drax, the owner of western Europe's largest coal-fired power station, yesterday unveiled a £2bn renewable energy...

    36. October 24, 2008

      More power, for peanuts

      Few companies have the confidence to announce a £2bn capital investment these days. Most are cutting capital...

    37. October 24, 2008

      Drax unveils £2bn plan to build three biomass plants

      Drax Group, the owner of western Europe's largest coal-fired power station, yesterday unveiled a £2bn (€2.51bn)...

    38. October 23, 2008

      Drax to invest £2bn in renewable energy

      Drax, the owner of western Europe’s largest coal-fired power station, unveiled a £2bn renewable energy investment plan...

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