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Drax moving ahead with biomass upgrades
July 20, 2017
By
Tamar Atik
July 20, 2017 - U.K.-based electrical power generation company Drax is continuing to implement further biomass upgrades by replacing coal with compressed wood pellets.
The announcement was made in the company’s half-year results report published on Wednesday.
Chief executive Dorothy Thompson said, “We have made good progress with our strategy during the first half of 2017, acquiring Opus Energy and a third compressed wood pellet plant, in addition to refinancing and implementing a new dividend policy.”
Read the full story by Bioenergy Insight.
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