Drax looking at 'coal-free future' as it reveals £83m pre-tax loss - News Summed Up

Drax looking at 'coal-free future' as it reveals £83m pre-tax loss


“We are looking at opportunities for a coal-free future,” she told investors on Wednesday, adding that the possibility of switching a unit to gas was “looking good”. Power generation overall for the group was largely flat in the first half of the year. “We now feel we have completely adapted to a world where coal generation is not about hard running all year,” she said. Drax said it had proved it could run the unit safely on biomass but it required further modifications which would cost millions. The company’s ambitions for gas already include plans for four small gas power stations to provide flexibility for National Grid.


Source: The Guardian July 19, 2017 09:33 UTC



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