EMEA > UK utility Drax agrees to sell gas assets to Vitol to focus on carbon negative ambitions

UK utility Drax agrees to sell gas assets to Vitol to focus on carbon negative ambitions

Published 14:37 on December 15, 2020  /  Last updated at 22:42 on November 23, 2022  / Ben Garside /  EMEA, EU ETS, International, Nature-based, UK ETS, Voluntary

Drax has struck a deal to sell four gas power plants to energy trader Vitol, as the UK utility sheds its carbon allowance demand and shifts its focus to its biomass-based route to negative emissions.
Drax has struck a deal to sell four gas power plants to energy trader Vitol, as the UK utility sheds its carbon allowance demand and shifts its focus to its biomass-based route to negative emissions.


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