Energy firm announces it will not develop new gas fired power at its site in North Yorkshire as it looks to focus on biomass and carbon capture plans
Funds raised from shareholders such as Drax and BP Ventures will support development of solvent-based CO2 capture technology, according to firm
But Imperial College London analysis warns emerging technologies and negative emission power plants are likely to be needed to unlock full decarbonisation of the grid
Drax's 3.2GW North Yorkshire gas plant is now in doubt, but other power companies are still set to waste public money on gas, argues Ember's Phil MacDonald
Reports suggests energy giant could shelve plans for new gas plant, despite recent court victory
Energy firm to snap up leading manufacturer and distributors of industrial wood pellets to supply its biomass energy plants
Court of Appeal upholds government's decision to approve controversial project, despite claims it would undermine UK climate targets
Energy firm joins Social Mobility Pledge led by former education secretary Justine Greening in bid to help plug green skills gap and support disadvantaged communities
Sale of four combined cycle gas turbine sites acquired just two years ago will allow Drax to slash emissions and enhance its focus on flexible and renewable power generation, company says
The UK's ambitious new 2030 climate target is a beacon for the rest of the world to follow, and it couldn't come soon enough, writes Drax CEO Will Gardiner