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 ....
29 Jul 2021
Drax Group - Pinnacle Makes Debut Contribution
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Drax Group - Pinnacle Makes Debut Contribution
Drax Group plc (DRX:LON) | 500 0 0.0% | Mkt Cap: 1,924m
- Published:
29 Jul 2021 -
Author:
Adam Forsyth -
Pages:
6
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 ....