Drax (DRX) has shifted its major focus for its eponymous power plant from a carbon-capture-equipped wood-burning asset to a ...

U.K. power generator Drax Group (OTCPK:DRXGF) (OTCPK:DRXGY) said Tuesday it plans to spend as much as $12.5B in the U.S. over the next decade to build new biomass power plants with carbon capture and ...

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 ...

Drax Group Plc is exploring options to sell power to a data-center provider in the UK, guaranteeing income for its biomass-fired plant. Electricity use by data hubs in Britain will jump sixfold in the ...

UK regulators last week opened an investigation into Drax, questioning whether the British energy firm made misleading statements about where it sourced the wood for its biomass-fueled power stations.

THE controversial Drax power plant was handed £869million in public subsidies last year - equating to £2million a day – for mostly burning forest biomass, a new analysis has suggested. The ...

Up to 150 jobs are set to be cut at Drax’s North Yorkshire power station, according to GMB Union.

Between 89 and 148 jobs will be cut at Drax Power Station in spring 2027, the GMB Union said. The job cuts could represent more than 30% of Drax's workforce at the site, the union said, citing a ...

Exclusive: Cross-party group ‘deeply concerned’ power plant may have misled ministers and regulators over source of wood pellets Ed Miliband is under pressure from MPs to suspend subsidies worth £2m a ...