The UK’s financial watchdog has started an official investigation into Drax Group, a major energy company that runs biomass power plants in Britain. The Financial Conduct Authority (FCA) is ...

A freight train delivers biomass pellets to Drax Power Station in the U.K. The facility has now received government approval to convert its biomass units to capture carbon from the generation process.

Crews work to build a wood pellet production facility in February at the Port of Longview. The goal of the UK-based company is to ship pellets to Asia, where they would be burned for energy. (Caleb ...

Companies that burn wood pellets for energy may be “marking their own homework on sustainability”, an influential cross-party committee has warned. In a report published on Friday, MPs on the Public ...

The UK’s financial watchdog has opened an investigation into Drax Group’s biomass sourcing statements of the past three years, the British energy group operating a controversial wood pellet power ...

Power station operator Drax has agreed to pay £25m after an investigation by energy watchdog Ofgem found it failed to report data adequately. Drax, which receives hefty Government subsidies from ...

VANCOUVER, British Columbia, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Drax commends the Government of Canada on the inclusion of biomass-using technologies in the Clean Technology and Clean Electricity ...

North Yorkshire County Council’s Planning Committee has voted to support plans for a 290-megawatt (MW) dedicated biomass-fired power station to be sited adjacent to the existing 4-gigawatt Drax Power ...

Shares in power station operator Drax drop 18.5 percent after the British government announces reduced support for generating electricity from co-firing biomass which it first proposed in October 2011 ...

Global energy giant Drax Group was fined $34,000 for starting construction on a $250 million biomass fuel plant in Longview before securing the proper permits. The 48-acre plant will be located at 125 ...