Drax is enabling a zero carbon, lower cost energy future
Our ambition is to become carbon negative by 2030
Being carbon negative means that we will be removing more carbon dioxide from the atmosphere than we produce throughout our direct business operations globally – creating a carbon negative company.
Our strategic aims
- To build a long-term future for sustainable biomass: By expanding our sustainable bioenergy supply chain and reducing costs we are developing options for long-term biomass operations – renewable generation, negative carbon emissions, system support services and third party supply of biomass to international markets.
- To be the leading provider of power system stability: Through a portfolio of flexible and renewable generation, and large industrial and commercial customer supply business, we will provide system support services to allow the power system to utilise intermittent renewable energy accelerating the UK’s decarbonisation en route to 2050.
- To give our customers control of their energy: We provide our customers with renewable energy, and the opportunity to control and optimise energy use and cost, helping us support the energy system.
Our core activities
Our activities are underpinned by safety, sustainability, operational excellence and expertise in our markets.
We operate an integrated value chain across three principal areas of activity:
A leading producer of wood pellets from sustainable low-value commercial forestry residues.
Manufacture and supply of good quality wood pellets at the lowest cost to our Power Generation business for use in the generation of renewable electricity.
A portfolio of flexible, low carbon and renewable UK power generation.
A multi-site, multi-technology generation portfolio providing power and system support services to the electricity grid.
B2B Energy supply:
A leading supplier of renewable energy solutions to industrial and business customers.
Supplier of power, gas and value-adding services to industrial, corporate and small and medium-sized businesses, representing an 11% share of the B2B power market.