Drax’s coal output slumps 55% as wood takes over and UK CO2 price bites

Published 16:43 on February 17, 2017  /  Last updated at 14:15 on March 7, 2017  /  EMEA, EU ETS  /  No Comments

UK utility Drax reported a 55% drop in coal-fired power output in 2016 as it converted more of its generation from coal to wood pellets, while operating fewer hours due to poor market conditions and the UK’s high CO2 price.

UK utility Drax reported a 55% drop in coal-fired power output in 2016 as it converted more of its generation from coal to wood pellets, while operating fewer hours due to poor market conditions and the UK’s high CO2 price.

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