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Drax coal station gets the green light from the EU to switch to biomass

Drax, one time one of the major polluters in Europe, has obtained the permission from the European Commission to convert its third power generating unit to biomass. Currently, Drax produces enough electricity to power more than 3 million households.

read more... 20/12/2016

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UK’s renewable power industry loses tax reduction, shares plunge

Britain's green energy providers and their clients will no longer be exempt from a climate change tax, as stated by finance minister George Osborne on Wednesday, knocking shares in power producer Drax to their lowest ever level.

read more... 09/07/2015

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Electricity producer Drax affected by weak prices

Drax has forward vended some of its power for this year at a 1.8 percent rebate to prices attained earlier this year denoting the British electricity producer is continuing to be affected by weak power prices.

read more... 09/06/2015

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UK’s largest coal power plant to become a clean-energy producer

According to Drax Group Plc, the UK’s largest coal-fired plant will become the largest clean-energy producer, switching from burning coal to burning wood, becoming probably the biggest renewable plant in the world. At the moment, coal is the most polluting fossil fuel and it produces roughly 41 % of global electricity, and about 50% of electricity in the UK.

read more... 01/10/2012

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