Drax Group has three principal activities:
- Sourcing fuel
- Generating electricity
- Supplying power and compressed wood pellets to customers
This uniquely integrated value chain enables us to source, generate and supply sustainable, renewable energy through four core business units.
Drax Power generates electricity that is sold in the wholesale market, including to Haven Power and Opus Energy. Our power station in Selby, North Yorkshire has six 645MW generating units with the capacity to meet 8% of the UK’s electricity needs.
We source compressed wood pellets from sustainable suppliers around the world in order to generate 17% of Britain’s renewable power in our three biomass units. Coal is sourced in international and domestic markets, powering the other three units.
As well as being an important strategic asset nationally, Drax Power Station is also vital to the local economy. Whereas 830 people are employed at the power station throughout the year, 4,500 jobs depend on Drax throughout Yorkshire and the Humber. The economic impact of our company in our own region was £493.1m in 2015.
Drax Biomass supplies and manufactures compressed wood pellets from sustainable working forests in the US South. These high density wood pellets are then used as a low carbon alternative to coal in the upgraded biomass units in our power station.
Haven Power supplies electricity directly to business customers, predominantly in the industrial and commercial (I&C) market. The Ipswich, Suffolk-based company offers customers 100% renewable electricity, competitive pricing and contracts tailored precisely to their needs. Its first class customer service was recognised when it was named ‘Supplier of the Year’ at the 2016 Energy Awards.
Opus Energy is the largest business energy supplier outside of the Big Six, providing electricity and gas to more than 275,000 businesses. Since its start in 2002, it has been delivering outstanding levels of service, embracing renewable energy sources and providing competitively priced energy, powering businesses ranging from your local newsagent to brands such as LEON and White Stuff. Opus Energy has ranked in The Sunday Times Top Track 250 for the last six years, most recently in 6th position, and was named one of the Top 100 Best Companies to Work For in 2015 by The Sunday Times.
We are consulting on long-term options to repower up to two coal units to gas, and build battery storage at Drax Power Station.
We plan to build and operate four, 299 MW open cycle gas turbine (OCGT) power stations in England and Wales: