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Drax secured a £109.90/MWh low-carbon contract to keep its biomass power units running from 2027 to 2031.
Drax, the UK’s largest power station operator, has secured a low-carbon Contract for Difference (CfD) to support its biomass units from 2027 to 2031, with a strike price of £109.90 per megawatt-hour.
The deal, confirmed by the government, provides financial stability for the plant’s transition from coal to biomass, helping maintain energy security and support decarbonization goals.
The contract, matching earlier terms, underscores the government’s commitment to renewable energy while drawing scrutiny over biomass sustainability, environmental impact, and reliance on subsidies.
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Drax se aseguró un contrato de baja emisión de carbono de £ 109.90 / MWh para mantener sus unidades de energía de biomasa en funcionamiento de 2027 a 2031.