Drax Group PLC is prepared to collaborate with the new government to achieve its objectives of growing the economy and establishing a net zero electricity system by 2030. The company emphasizes the need for swift action by the government and businesses like Drax to deliver large-scale carbon capture technologies, ensuring a secure, affordable, and net zero energy system while decarbonizing the wider economy. Drax is poised to invest billions in deploying BECCS at Drax Power Station and doubling the generating capacity at Cruachan Power Station, contributing to job creation and supporting the country's climate targets.
As Drax Power Station celebrates 50 years, it is recognized for its history of resilience and innovation. The company's plans are positioned to aid the next government in delivering UK energy security and accelerating the country's decarbonization through carbon removals. Drax Power Station has been a crucial contributor to the country's energy security, providing power for millions of homes and creating high-quality, well-paid jobs for 50 years.
The company's commitment to sustainability and innovation is evident in its efforts to contribute to the UK grid through biomass and other energy sources. Drax Group PLC is dedicated to playing a pivotal role in the UK's energy transition and looks forward to partnering with the new government to achieve a cleaner, secure energy future for Britain.