Drax Group «REAL»

Drax Group «REAL»

Located near Selby, this single site generates about . It is unique for two reasons:

: The station has a total capacity of nearly 4,000 megawatts (MW). drax group

Drax is currently in negotiations with the UK government regarding support for its BECCS project. The company aims to have two BECCS units operational by 2030. This is the "crown jewel" of their future strategy, as it would allow them to sell carbon removal credits. Located near Selby, this single site generates about

Drax is planning a £500 million expansion of the Cruachan pumped storage hydro plant in Scotland. This technology is vital for balancing the grid, acting as a "water battery" to store excess wind power. The company aims to have two BECCS units operational by 2030

Much of this money comes from the Renewables Obligation (RO) , a scheme designed to support green energy.

The group aims to increase pellet sales to third parties (in Europe and Asia) to diversify revenue away from solely relying on the UK power market.

Drax burns —pellets made from low-grade wood, forest thinnings, and sawmill residues. The company argues this is carbon-neutral because: