TITLE

Drax biomass conversion hits profits hard

PUB. DATE
February 2013
SOURCE
Utility Week;2/22/2013, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of Drax to open its first biomass generation unit in April 2013, after a 180 million pound capital investment in 2012 that saw its earnings before interest, tax, depreciation and amortisation (Ebitda) decline 11% to 298 million pounds.
ACCESSION #
85754216

 

Related Articles

  • Drax abandons dedicated biomass.  // Utility Week;10/26/2012, p4 

    The article reports on Drax Power's cancellation of plans to construct a 300-MegaWatts biomass plant in Lincolnshire, England.

  • Opinion key to Drax biomass success.  // Utility Week;10/18/2013, p17 

    The article focuses on a recent "add" note from investment bank Investec Bank PLC, according to which the future of Drax Power Ltd. depands on public opinion of the sustainability credentials of biomass.

  • Drax power station installs plant for biomass co-firing.  // Professional Engineering;10/15/2008, Vol. 21 Issue 18, p7 

    The article provides information that the Drax Power Station in Yorkshire, England is pushing the project that will make the company as the largest biomass co-firing power station in the world. It notes that Doosan Babcock will start the installation of the £10 million biomass injection...

  • Drax to take biomass lead with three plants. Wood, Janet // Utility Week;10/31/2008, Vol. 29 Issue 24, p3 

    The article reports on the plans of Drax Power, Great Britain's largest coal-fired power producer, to become the country's largest dedicated biomass generator. The company is planning to build three 300-megawatt (MW) biomass-fired power stations in the north of England in a joint venture with...

  • Drax puts biomass scheme on hold.  // Professional Engineering;2/24/2010, Vol. 23 Issue 3, p4 

    The article reports on the decision of Drax Power Ltd. to postpone its plans to burn biomass at its coal-fired power station in North Yorkshire, England.

  • Biomass cap is a mistake, claims Drax.  // Utility Week;12/18/2009, Vol. 31 Issue 24, p8 

    The article focuses on the claim of Drax Power about the cap being maintained by the government of Great Britain on co-firing biomass.

  • Interest holiday buys time for Drax.  // Utility Week;12/20/2002, Vol. 19 Issue 1, p3 

    Focuses on the agreement secured by electricity firm AES Drax with senior creditors postponing payments on its £1 billion debts. Terms of the agreement; Significance of the agreement to Drax.

  • Drax could pull plug on biomass.  // Process Engineering;Mar/Apr2010, Vol. 91 Issue 2, p6 

    The article reports on the possible relocation of the proposed 2 billion pounds biomass-fire powered project of Drax Power Ltd. if the existing regulatory regime will not change in Great Britain.

  • Fine margins.  // Utility Week;5/20/2011, Vol. 34 Issue 19, p8 

    This article reports on an improvement in trading conditions of Drax, operator of the biggest power station in Great Britain.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics