EXPLAINED: Drax | Rare Historical Photos

Drax improves profit guidance after heatwave boosts demand

Drax group chief executive Will Gardiner said strong recent trading continued into the second half of 2026.

Evening Standard · Sep 17

City watchdog closes Drax biomass probe after sustainability concerns

The Financial Conduct Authority said it had not found evidence that justified any further action.

Evening Standard · Jun 18

Drax cleared after investigation into sourcing of wood pellets

Generator’s shares rise as regulator finds no evidence of misleading statements about fuel’s sustainability

The Guardian - UK · Jun 18

Drax has ‘betrayed’ workforce with plans to cut jobs, union says

Drax Group is consulting over restructuring in the UK and North America that could result in the reduction of its workforce.

Evening Standard · Feb 4

Drax plans to convert part of its North Yorkshire power plant into datacentre

Plans are response to surge in demand for AI capability and come after government signalled it would curb subsidies

The Guardian - UK · Dec 11, 2025

Drax announces data centre plans as earnings expected at ‘top end’ of forecasts

The FTSE 250 firm said trading was boosted by the performance of its flexible generation, pellet production and biomass operations.

The Independent UK · Dec 11, 2025

UK using more wood to make electricity than ever, Drax figures show

Giant biomass plant reveals burning of wood pellets made 9% of UK’s electricity in July, its largest ever monthly share

The Guardian - UK · Dec 3, 2025

Drax, the forestry industry and the guise of ‘green’ energy

Letters:

The Guardian - UK · Nov 21, 2025

Drax still burning 250-year-old trees sourced from forests in Canada, experts say

Exclusive: report by Stand.earth says subsidiary of power plant received truckloads of whole logs at biomass pellet sites

The Guardian - UK · Nov 9, 2025

Drax power plant to go on earning ‘over £1m a day’ from burning wood pellets

Analysts say Britain’s biggest power plant in line to earn £458.6m a year under new government subsidy contract

The Guardian - UK · Nov 5, 2025