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Britain's Drax announces $187 million buyback, lowers annual capex outlook
Reuters via Yahoo Singapore Finance· 1 year agoBritain laid out plans last month to boost its energy security and independence through investment...
Britain's Drax signs deal to sell 2 million U.S. carbon removal credits
Reuters via Yahoo Singapore Finance· 2 years agoBritish power generator Drax has signed a memorandum of understanding with carbon finance firm...
UK government approves controversial $2.5B project for ‘carbon negative’ power plant
CNN via Yahoo News Singapore· 6 months agoThe multi-billion dollar project involves burning wood pellets, which some scientists say isn’t...
Britain's Drax pauses $2.5 billion biomass carbon capture plans
Reuters via Yahoo Singapore Finance· 1 year agoBritish power generator Drax will pause its planned 2 billion pound ($2.45 billion) UK investment in...
Drax shares rise on govt talks over carbon capture project
Reuters via Yahoo Singapore Finance· 1 year ago(Reuters) -Shares of British power generator Drax jumped by about 5% on Thursday after it said it...
Drax Ditches Coal, Shifts Focus To Biomass Generation
Oilprice.com via Yahoo Singapore Finance· 1 year agoDrax has closed the curtain on its coal operations, putting the government under more pressure to secure supplies ahead of next winter. The power group announced the official end of coal-fired ...
Drax rises after energy crisis pushes full-year profit above target
Investing.com via Yahoo Singapore Finance· 2 years agoBy Geoffrey Smith Investing.com -- Shares in Drax (LON:DRX) reversed early gains at the opening on Thursday in London, as broader market weakness offset an increase in the U.K. generator's profit ...
Controversial biomass power station scheme ‘to be greenlit by Government’
The Independent via Yahoo News Singapore· 2 years agoA controversial UK power plant could receive public money if it adopts a carbon capture technology...
Britain looks into funding biomass carbon capture and storage
Reuters via Yahoo News· 2 years agoBritain said it is considering ways to support combining electricity generated using biomass, such...
Government eyes fresh subsidies for controversial burning of wood to create electricity
Sky News via Yahoo News Singapore· 6 months agoThe UK government is backing new financial support for a controversial form of electricity that is...