Drax’s interims see the first contribution from Pinnacle Renewables as well as continued strong revenues from system support. The period has seen the company completely cease commercial coal operations, sell its gas-fired projects and move biomass carbon capture and storage (BECCS) plans forward with planning now submitted for CCS at the Drax site. The company has also commenced the planning process for expansion of capacity at Cruachan. Overall, we see Drax as making strong progress to develop as a flexible negative emission company.
