It is expected that Progress Power will now go on to participate in the next T-4 auction.
We believe investing in our people goes hand-in-hand with enabling the green energy transformation and positive future growth.
We believe investing in our people goes hand-in-hand with enabling the green energy transformation and positive future growth.
We’re committed to enabling a zero carbon, lower cost energy future through engineering, technology and innovation.
We’re building for a sustainable future in how we source our biomass, generate energy, remove carbon dioxide and function as a business.
Read our carbon capture, sustainable bioenergy and power generation stories, as well as thinking from Drax’s leaders and business updates.
Explore a comprehensive guide to our business model and investor relations.
Drax Group’s ambition is to become a carbon negative business by 2030, through innovative greenhouse gas removal technology.
We believe investing in our people goes hand-in-hand with enabling the green energy transformation and positive future growth.
The Open Cycle Gas Turbine (OCGT) development project of Drax Group participated in the February 2018 capacity market auction but exited above the clearing price.
9 February 2018
It is expected that Progress Power will now go on to participate in the next T-4 auction.