The Group operates an integrated value chain across three principle areas of activity:
- Sustainable wood pellet production
- Flexible reliable electricity generation
- Energy sales and services to business customers
- Meeting the needs of a changing energy landscape and creating value for stakeholders
- Underpinned by safety, sustainability, operational excellence and expertise in our markets
- Moving from our 2016 EBITDA of £140m to our 2025 EBITDA ambition of £425m
As well as corporate offices in London and Yorkshire, Drax Group operates in several locations around the world:
Drax Power Station is the biggest single site renewable generator in the UK and the largest decarbonisation project in Europe. Located near Selby, North Yorkshire, it is connected directly into the national electricity distribution grid.
It supplies around 7% of the country’s electricity needs, including around 17% of its renewable power, and a host of system services. Three of its six 645 megawatt (MW) power generation units have been upgraded from burning coal to use sustainable biomass in the form of compressed wood pellets, sourced from responsibly managed working forests. A fourth coal unit will be converted to use the low carbon fuel in 2018.
As well as being an important strategic asset nationally, Drax Power Station is also vital to the local economy. Whereas 700+ people are employed at the plant throughout the year, 3,650 jobs depend on Drax throughout Yorkshire and the Humber. The economic impact of Drax in that region was £419.2m in 2016.
Drax distribution terminals are located in four ports on the east and west coasts of England – Hull, Tyne, Immingham and Liverpool – routing fuel from ships for onward delivery.
Drax Biomass Inc.
Drax Biomass is headquartered in Atlanta, Georgia, with a regional office in Monroe, Louisiana. It manufactures compressed wood pellets produced from sustainably managed working forests, supplying fuel used by Drax Power Station in North Yorkshire to generate flexible, renewable power for the UK’s homes and businesses.
Drax Biomass owns and operates three wood pellet manufacturing plants: Amite BioEnergy in Gloster, Mississippi; Morehouse BioEnergy near Bastrop, and LaSalle BioEnergy, near Urania, both in Louisiana. Its port facility is also located in Baton Rouge, Louisiana.
Business electricity specialist Haven Power is based in Ipswich, Suffolk. It supplies and manages electricity for large Industrial and Commercial sector customers, as well as small businesses. Haven Power can supply 100% renewable electricity, sourced from Drax Power.
Its first class customer service was recognised when it was named ‘Supplier of the Year’ at the 2016 Energy Awards.
Opus Energy is based in Oxford, Northampton and Cardiff. It supplies electricity and gas to businesses. Opus Energy has partnerships with over 2,300 independent UK renewable energy generators, providing a market for excess power from energy sources such as wind, solar, hydro and anaerobic digestion.
It was awarded Utilities Provider of the Year 2017 at the British Small Business Awards.