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2 resultsfor “government subsidies received by Drax”

Business

FCA closes investigation into Drax over biomass sourcing

government subsidies to help hit national carbon-cutting goals. In 2025 alone, it received [£999m in for generating about 4.5% of Great Britain’s electricity from its plant](https://www.theguardian.com/business/2026/apr/16/drax-renewable-energy-subsidies-wood-pellets), according to the climate

The Guardian World2h ago
Business

Drax claimed record £999m in subsidies for burning trees in 2025, thinktank says

received record subsidies of almost £1bn for burning trees to generate electricity in 2025, a climate thinktank has calculated. The company was paid £999m last year for generating about 4.5% of Great Britain’s electricity

The Guardian WorldApr 15