EMEA > Profits up at BECCS developer Drax as it continues to await UK subsidy decision

Profits up at BECCS developer Drax as it continues to await UK subsidy decision

Published 13:56 on July 26, 2024  /  Last updated at 01:35 on July 27, 2024  / Nick Ferris /  EMEA, UK ETS

British power company Drax saw profits rise 37% in the first half of the year, as the bioenergy with carbon capture and storage (BECCS) developer continues to await a decision from the UK government on extending the subsidy regime.
British power company Drax saw profits rise 37% in the first half of the year, as the bioenergy with carbon capture and storage (BECCS) developer continues to await a decision from the UK government on extending the subsidy regime.


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