Drax

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Reuters - Há 4 horas

Britain's Drax pauses $2.5 bln biomass carbon capture plans

UPDATE 1-Britain's Drax pauses $2.5 bln biomass carbon capture plans Adds detail, international delegations By Nora Buli and Susanna Twidale March 21 (Reuters) - British power generator Drax DRX.L will pause its planned 2 billion pound ($2.45 billion) UK investment in bioenergy with carbon capture and storage (BECCS) until it receives more clarity on government support, it said on Tuesday.

Reuters - Há 6 horas

Britain's Drax pauses biomass carbon capture plans, urges clarity on government support

Britain's Drax pauses biomass carbon capture plans, urges clarity on government support March 21 (Reuters) - British power plant generator Drax DRX.L said on Tuesday it will pause its planned multi-million pound investment in bioenergy with carbon capture and storage (BECCS) in the UK until it gets more clarity over government support. Whilst Drax welcomed the UK government's recent budget support for carbon capture and storage (CCS), it said it needed a firm commitment to BECCS before it could

Reuters - Há 6 dias

Britain considers coal power back-up for next winter - National Grid

UPDATE 2-Britain considers coal power back-up for next winter - National Grid Updates with comment from Drax By Susanna Twidale LONDON, March 15 (Reuters) - Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday but plant operators said they are unlikely to be able to meet the request.

Reuters - Há 6 dias

Britain considers coal power back-up for next winter

Britain considers coal power back-up for next winter LONDON, March 15 (Reuters) - Britain is considering keeping some coal plants available for back-up power to ensure sufficient electricity supplies for next winter, National Grid said on Wednesday. Britain has a target to close its coal-fired power plants by October 2024 as part of efforts to cut emissions in line with climate goals.

Reuters - Há 2 semanas

UK's Unite Says Drax Power Station Workers Secure 16% Pay Rise

BRIEF-UK's Unite Says Drax Power Station Workers Secure 16% Pay Rise March 6 (Reuters) - Unite The Union: UK'S UNITE- DRAX POWER STATION WORKERS SECURE 16% PAY INCREASE Source text for Eikon: [ID:] Further company coverage: DRX.L

Reuters - Há 2 semanas

British union says workers at Drax power station secure 16% pay rise

British union says workers at Drax power station secure 16% pay rise March 6 (Reuters) - British trade union Unite said on Monday strike action at a Drax DRX.L power station in Yorkshire had ended after the power generator's workers secured a 16% increase in pay. The improved pay offer from Drax is over a nine-month period with back pay, Unite said in a statement.

Reuters - Há 4 semanas

How companies are reacting to the U.S. Inflation Reduction Act

FACTBOX-How companies are reacting to the U.S. Inflation Reduction Act Changes dateline, adds companies, changes media packaging code to EUROPE-COMPANIES/ USA-IRA Feb 24 (Reuters) - Companies across North America and Europe have in recent months cheered the Biden Administration's $430 billion U.S. Inflation Reduction Act (IRA), which includes major provisions to cut carbon emission, boost domestic production and manufacturing.

Reuters - Há 4 semanas

UK's Drax Hydro workers to go on strike over pay

UPDATE 1-UK's Drax Hydro workers to go on strike over pay Adds Drax's comment LONDON, Feb 23 (Reuters) - Workers at Drax Hydro Limited which operates power stations across Scotland have voted to go on strike in a dispute over pay, the Unite union said on Thursday. The strike action days are expected to take place from mid-March with Unite making an official announcement next week.

Reuters - Há 4 semanas

Drax Hydro's workers to go on strike over pay -Unite union

Drax Hydro's workers to go on strike over pay -Unite union LONDON, Feb 23 (Reuters) - Workers at Drax Hydro Limited which operates power stations across Scotland have voted to go on strike in a dispute over pay, the Unite union said on Thursday. The strike action days are expected to take place from mid-March with Unite making an official announcement next week.

Reuters - Há 4 semanas

Drax plugs into US renewable power opportunity

UPDATE 2-Drax plugs into US renewable power opportunity Posts FY profit rise of 83.6% Shares down 3% as analysts predict lower forward sales Recasts with detail on U.S. expansion, shares, paragraphs 2,5 By Sinchita Mitra Feb 23 (Reuters) - Power generation Drax Group DRX.L plans to invest up to 30 million pounds ($36 million) in the United States to take advantage of the country's law to promote low carbon investment, it said on Thursday, after posting profit ahead of expectations.

Reuters - Há 4 semanas

FTSE 100 slips as ex-dividend trades weigh, Rolls-Royce soars

UPDATE 2-FTSE 100 slips as ex-dividend trades weigh, Rolls-Royce soars For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Rolls-Royce jumps on upbeat forecast Major banks and healthcare stocks trade ex-div FTSE 100 down 0.3%, FTSE 250 adds 0.6% Updates to market close By Shashwat Chauhan and Shristi Achar A Feb 23 (Reuters) - The FTSE 100 ended lower on Thursday, as several banking and healthcare heavyweights traded ex-dividend, although sh

Reuters - Há 4 semanas

UK Stocks-Factors to watch on Feb 23

UPDATE 1-UK Stocks-Factors to watch on Feb 23 Adds news items, updates futures Feb 23(Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.16%. * ANGLO AMERICAN: Anglo American Plc AAL.L said the development schedule and budget of its Woodsmith project would be extended . * BAE SYSTEMS: BAE Systems BAES.L posted a 9.5% rise in annual earnings and forecast more growth this year.

Reuters - Há 4 semanas

Drax Group Says Total Dividend Increased 11.7% To 21.0 Pence Per Share

BRIEF-Drax Group Says Total Dividend Increased 11.7% To 21.0 Pence Per Share Feb 23 (Reuters) - Drax Group PLC DRX.L : TOTAL DIVIDEND INCREASED 11.7% TO 21.0 PENCE PER SHARE TARGETING 8MT OF CAPACITY AND 4MT OF THIRD-PARTY SALES BY 2030 IN SUSTAINABLE BIOMASS CONTINUED HEADWIND FROM INFLATION IN 2023 CLOSURE OF COAL UNITS IN MARCH 2023 FOLLOWING EX

Reuters - Há 4 semanas

Britain's Drax raises dividend as annual profit beats on renewables demand

CORRECTED-UPDATE 1-Britain's Drax raises dividend as annual profit beats on renewables demand Corrects consensus estimate in paragraph 5 to 699 million pounds, from 540 million-606 million pounds Feb 23 (Reuters) - British power generator Drax Group Plc DRX.L posted annual profit that beat analysts' expectations and increased its dividend for the year on Thursday, buoyed by robust demand for renewable power and a rise in wholesale gas prices.

Reuters - Há 4 semanas

British power generator Drax annual profit beats on renewables demand

CORRECTED-British power generator Drax annual profit beats on renewables demand Corrects consensus estimate in paragraph 2 to 699 million pounds, from 540 million-606 million pounds Feb 23 (Reuters) - British power generator Drax Group Plc DRX.L posted annual profit that beat analysts' expectations on Thursday, buoyed by robust demand for renewable power and a rise in wholesale gas prices.

Reuters - Há 4 semanas

UK Stocks-Factors to watch on Feb 23

UK Stocks-Factors to watch on Feb 23 Feb 23(Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday with futures FFIc1 up 0.2%. * TESCO: Britain's biggest supermarket group Tesco TSCO.L on Wednesday followed rivals Asda, Morrisons and Aldi in imposing customer purchase limits on salad vegetables after supplies were hit by disrupted harvests in southern Europe and north Africa.

Reuters - Há 4 semanas

Drax Group Confirms Agreements To Provide 621MW Of Capacity From Its Pumped Storage, Hydro Assets

BRIEF-Drax Group Confirms Agreements To Provide 621MW Of Capacity From Its Pumped Storage, Hydro Assets Feb 22 (Reuters) - Drax Group PLC DRX.L : DRAX GROUP - CONFIRMS IT HAS PROVISIONALLY SECURED AGREEMENTS TO PROVIDE TOTAL OF 621MW OF CAPACITY PRINCIPALLY FROM ITS PUMPED STORAGE, HYDRO ASSETS DRAX GROUP PLC - AGREEMENTS ARE FOR DELIVERY PERIOD OC

Reuters - Há 1 mês

British Business - Feb 9

PRESS DIGEST-British Business - Feb 9 Feb 9 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times ** Jeremy Hunt has come under pressure from the CBI to announce tax breaks for businesses at the budget as a "last chance" to help the economy avoid a recession this year.

Reuters - Há 1 mês

Britain’s Drax says power plants would still run during strike action

Britain’s Drax says power plants would still run during strike action LONDON, Feb 8 (Reuters) - Power plants operated by British generator Drax DRX.L will still be able to operate if strike action by Unite union workers go ahead later this month, the company said on Wednesday. Workers across a range of sectors in Britain have gone on strike in recent months, from rail workers to teachers, nurses to lawyers, as inflation, which hit a record high last year, squeezes household budgets.

Reuters - Há 4 meses

Britain targets energy efficiency with consumption cut goal

By Sarah Young LONDON, Nov 17 (Reuters) - Finance minister Jeremy Hunt said he wanted Britain to cut its energy usage by 15% by 2030 to help reduce bills, catching up with European neighbours which are already prioritising measures to counter spiralling prices. Countries across Europe are facing an energy crisis after Russia's war in Ukraine caused prices to rise.

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Drax

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