September 2007
Utility Week;9/14/2007, Vol. 27 Issue 21, p9
Trade Publication
The article reports on the decline in profit posted by Drax, the largest coal-fired plant in Great Britain, from £317 million to £273 million in the first half of 2007. According to CEO Dorothy Thompson, low margins in the coming winter is also anticipated. The CEO added that in the medium term, the phase two of the Emission Trading Scheme (ETS) is proving to be robust in setting prices of carbon.


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