Subsidies halved for controversial Drax power station
The government has agreed a new subsidy arrangement with the controversial wood-burning Drax power station in north Yorkshire.
New subsidies for Drax that ‘halve’ payments for burning wood for power
New subsidies for Drax that ‘halve’ payments for burning wood for power - New rules for the huge wood-pellet burning power station will also improve sustainability, Government says.
Drax power station: subsidies halved in new agreement as Government hits out at 'unacceptably large profits'
New subsidies have been agreed for the controversial wood-burning power plant Drax, however the Government said it had halved the grants the firm would get after it previously made “unacceptably large profits”.
UK cuts subsidies for biomass power producer Drax
The UK government and Drax have agreed a deal that will halve the energy producer's subsidies over 2027-2031, while ensuring the group uses more sustainable sources of woody biomass, the two sides said on Monday.
Key power station didn't properly disclose burning forest wood
A UK power station that has received billions of pounds in government subsidies has failed more than once to report it burned wood from primary forests, BBC News has found. Drax Power Station, which burns wood pellets, is required to report where it sources its wood and whether it is from natural, previously untouched forests.
Miliband hands £2bn in subsidies to wood-burning power station
Ed Miliband has agreed to hand an estimated £2bn of taxpayer subsidies to a controversial wood-burning power station operated by Drax...
MARKET REPORT: Drax powers up after Miliband subsidies deal
The Energy Secretary struck a deal with the FTSE 250 firm to provide fresh subsidies for its wood-burning biomass site in North Yorkshire.
New subsidies deal for Drax wood-burning power station
The government has agreed a new subsidy arrangement with the controversial wood-burning Drax power station in north Yorkshire.
Further subsidies to wood-burning power plant ‘deeply concerning’
Environmentalists have raised concerns over news that wood-burning power station Drax will continue to receive subsidies but welcomed a reduction in payments. The Government has announced that from 2027,
Morning Star17h
Activists occupy consultancy firm over renewal of Drax subsidies
ACIVISTS occupied the London offices of a lobbyist for Drax power plant today, protesting against the government’s decision ...
Ed Miliband slammed as carbon emitter making ‘unacceptable’ profits handed taxpayer cash
Ed Miliband's department has admitted giant subsidies to controversial wood-fired power plant Drax have allowed it to make ...
Edie1d
Drax biomass plant: UK Government cuts subsidy funding, increases sustainable sourcing requirements
The UK Government will halve the level of subsidies paid to Drax for the operation of its biomass power plant in Selby, North ...
Drax UK power station to receive more government subsidies
Drax said on Monday it had agreed a contract for difference with the government for a minimum electricity price of £113 per megawatt hour between 2027 and 2031. The deal will mean that Drax, which ...
Drax subsidies and energy production role cut by government
Both the government and wood-burning power provider are painting a new operational agreement as a success, with Drax pointing ...