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UK Government Announces Next CCUS Clusters for Net-Zero Strategy

The Government has selected the Acorn and Viking projects as the next carbon capture, utilisation, and storage (CCUS) clusters, aiming to achieve net-zero emissions by 2030. ....

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Drax increases pellet capacity, considers US BECCS projects

Drax Group plc on July 27 announced its pellet plants produced approximately 1.9 million metric tons of wood pellets during the first half of 2023, down slightly when compared to the 2 million metric tons of production reported for Q2 2022. ....

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Drax sees 1H profit surge, expects reduction in gearing

Drax posted a surge in its first half profits and guided towards a reduction in gearing by year end. ....

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Drax Group Secures Consent for £500m Pumped Storage Hydro Plant

Drax Group has received approval from the Scottish Government to build a groundbreaking £500m pumped storage hydro facility, offering long-duration storage for renewable energy. ....

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Drax given greenlight for £500 million underground pumped storage hydro facility

Renewable energy company Drax Group has secured development consent for a 600MW underground pumped storage hydro (PSH) plant in Scotland. ....

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