10.6%

Total UK renewable electricity generated (%) in 2025

c.5%

The energy we generate equates to c.5% of the UK’s total power demands

2,974

Employees worldwide in 2025

This year’s key takeaways

What we do

Keeping the lights on: how we support the UK’s energy security.

Energy security, affordability, and decarbonisation remained important themes in 2025 and at Drax – which sits at the heart of the UK energy system – we are continuing to play our part in addressing these issues.

Responsible biomass sourcing

Our responsibility, policies, and information around the carbon cycle.

Sustainably sourced biomass plays an important role in supporting energy security as the world decarbonises, displacing fossil fuels with renewable generation like wind and solar.

However, wind and solar are intermittent. The energy system needs dispatchable power, such as biomass, pumped storage, and battery storage that supports intermittent renewables when the sun doesn’t shine and the wind doesn’t blow.

Looking ahead

Putting in place the structures to allow the Group to succeed and grow.

Delivery of the Group’s targets and strategy is underpinned by disciplined cost management and an operating model adapted to reflect the structure of the new low carbon dispatchable CfD, combined with a high-performance culture.

Market context

The global energy landscape in 2025 continued to evolve amid a complex landscape of geopolitical, economic, and trade tensions, the prioritisation of energy security, and accelerating demand for power.

Drax, through our flexible generation strategy, sustainable biomass production, and in the longer term potential for carbon removals, is aligned to this change. By delivering dispatchable, low-carbon power where it matters most, and leveraging our sustainable biomass supply chain, we are well placed to support global energy systems and continue to develop our business with benefits to our investors and stakeholders.

Drax workers in PPE speaking in front of cooling towers

Elimini: A new carbon removal leader

  • Elimini launched at New York Climate Week 2024 with the ambition to deliver carbon removals at megaton scale and 24/7 renewable power
  • At launch the US-based company group has entered into 11 carbon dioxide removal deals with eight companies, two fiber option agreements, the establishment of an esteemed Advisory Council, and the creation of four knowledge collaborations to advance research and understanding in carbon dioxide removal technologies
  • More than 20 potential bioenergy with carbon capture and storage (BECCS) sites under review in North America alone for potential BECCS facilities, with additional projects under consideration in six more countries
  • New independent research reveals 74 percent of Americans are concerned about climate change, with only 37 percent believing the government is doing enough to support the development of carbon removal technologies

Elimini’s purpose is to remove carbon for good. To achieve this, it is convening engineers, environmentalists, communities, investors, and innovators to scale the market for carbon removals, with the aspiration of transforming our economies from carbon emitters to carbon removers. As an independently operated, wholly owned subsidiary within Drax Group, Elimini will also sell carbon removals generated at Drax Power Station, which conducted the first BECCS pilot of its kind in Europe and with the right government support will convert that facility to BECCS.