The future of REGOs | Drax
The surge in market value of Renewable Energy Guarantees of Origin (REGOs) has slowed and even partially receded. However, REGO prices are still significantly higher than they were several years ago. A shortage of supply following Brexit and the ensuing UK ineligibility of the equivalent European certificates, Guarantees of Origin (GoOs), has
Drax Group
Drax Group plc, trading as Drax, is a power generation business. The principal downstream enterprises are based in the UK and include Drax Power Limited, which runs the biomass fuelled Drax power station, near Selby in North Yorkshire. The Group also runs an international biomass supply chain business. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index
Our Sites & Businesses
Drax supplies renewable source power to over 165,000 businesses and organisations across the UK, including electricity from Drax Power Station. We provide and manage electricity for large industrial and commercial sector
Annual Report
The global energy market continued to see a transition to cleaner and more sustainable energy sources, advancements in technology, and a growing emphasis on digitalisation. Environmental concerns, enhancing energy security, and meeting the evolving demands of a changing world remain high priorities for governments across the world.
Drax Group
Drax Group plc, trading as Drax, is a power generation business. The principal downstream enterprises are based in the UK and include Drax Power Limited, which runs the biomass fuelled Drax power station, near Selby in North Yorkshire. The Group also runs an international biomass supply chain business.
Drax Energy Solutions Limited
renewable energy and decarbonisation agendas. Our Group ambition is to become carbon negative by 2030. For more information, see pages 47 to 62 of the 2022 Drax Group plc Annual Report and Accounts. Drax is an active participant in the communities in which it operates. Strong community relationships and
Our Sites & Businesses
Drax supplies renewable source power to over 165,000 businesses and organisations across the UK, including electricity from Drax Power Station. We provide and manage electricity for large industrial and commercial sector customers from our offices in Northampton and Ipswich.