Drax power plant to go on earning ‘over £1m a day’ from burning wood pellets

The GuardianWednesday, November 5, 2025 at 3:19:34 PM
Drax power plant to go on earning ‘over £1m a day’ from burning wood pellets

Drax power plant to go on earning ‘over £1m a day’ from burning wood pellets

The Drax power plant in North Yorkshire is set to earn over £1 million a day from burning wood pellets, thanks to a new government subsidy contract. Analysts project that this will amount to £458.6 million annually from 2027 to 2031. This development is significant as it highlights the UK's commitment to renewable energy sources while also ensuring financial stability for one of its largest power plants.
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