Government backs Drax with new energy deal set to cut costs - DirectorsTalk
1 Articles
1 Articles
Government backs Drax with new energy deal set to cut costs - DirectorsTalk
A new subsidy arrangement between the UK Government and North Yorkshire’s Drax Power Station has been approved, securing its role as a crucial back-up energy provider. The agreement promises substantial savings for consumers while reinforcing the UK’s commitment to sustainable energy production. Investors are taking note as this move strengthens Drax’s position in the evolving energy market. Drax Power Station, which generates electricity by bur…
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