EMEA > Compliance Markets & Taxes > 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 / / CO2 Management (Engineered Removals), EMEA (Compliance Markets & Taxes, Europe)

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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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