Publication of Circular and Notice of General Meeting in relation to proposed acquisition of flexible, low-carbon and renewable UK power generation from Iberdrola
Will Gardiner, Drax Group CEO, said:
“It’s great to have further clarity from the government about the future for coal and we look forward to working with them and helping to achieve this goal of making the power sector coal free in 2025.
“As we’ve said before, coal doesn’t have a long term role to play in a low carbon future.
We’ve already seen a dramatic fall in power generation from coal – an 84% reduction in the last five years, and a major shift towards lower carbon technologies. At Drax we’re exploring options for repowering our remaining coal units to use sustainable biomass and gas.”