Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Drax Group forecasts yearly earnings up to £1.04bn, focusing on biomass energy and future sustainable fuel projects.

flag Drax Group, a major UK biomass power operator, forecasts full-year earnings between £993m and £1.04bn, driven by strong performances in electricity and pellet businesses. flag CEO Will Gardiner highlighted the company's role in the UK's energy transition, including plans for sustainable aviation fuel and a new carbon removals business. flag Drax is awaiting clarity on UK government energy policies before making further investments, particularly regarding power station operations and BECCS conversions.

6 Articles

Further Reading