At a glance

Drax is the second largest sustainable biomass producer globally, and the UK’s largest source of renewable power by output. We are progressing options for bioenergy with carbon capture and storage (BECCS).

Our integrated flexible and renewable value chain

Pellet Production

Our pellets are manufactured from forestry and agricultural by-products and residues. They provide a sustainable, low carbon fuel source that can be safely and efficiently delivered through our global supply chain. The pellets are produced to best practice sustainability standards. Based in the US south and in Western Canada, we have 17 operational and development sites with nameplate capacity of around 5Mt once expansions are complete.

We have US$4.5bn of long-term contracted sales to third parties across Asia and Europe. Our Generation business also uses these pellets to make flexible, renewable electricity for the UK.

Generation

Our portfolio of flexible, low-carbon and renewable UK power assets – biomass, hydro and pumped storage generation – provides renewable, dispatchable power and system support services to the electricity grid.

We are the UK’s largest source of renewable power by output, and Drax Power Station is the UK’s largest single source of renewable electricity by output. Our portfolio provides long-term earnings stability and opportunities to optimise returns from the transition to a low- carbon economy.

We are developing options for BECCS at Drax Power Station and exploring options for international new-build BECCS.

Customers

Our Customers business is principally focused on renewable electricity sales to industrial and corporate customers.

The business also offers non-generation system support and energy management services, in addition to providing a route to market for many smaller embedded renewable generators.

Business unit breakdown

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Where we operate

  • 18 operational and development sites, with nameplate capacity of around 5Mt once expansions are complete.
  • Four deep water ports, accessing Asian and European markets.
  • Best practice sustainability standards for pellet production.
  • Flexible, renewable power generation – biomass, hydro and pumped storage – and supply to British industry.
  • Development of negative emissions technology – BECCS.