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Published 3 years ago • loading... • Updated 3 years ago

Ofgem to investigate Drax compliance with biomass reporting rules

Summary by Ground News

Ofgem says action does not imply it has made any findings about possible non-compliance. News of the move sent the FTSE 250 firm's share pricing tumbling before it recovered throughout the day to 3.9% down on the opening price. The firm is in talks with the Government about �2bn plans to establish a carbon capture operation at Selby.

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2 Articles

2 Articles

Ofgem to investigate Drax compliance with biomass reporting rules

Regulator expected to examine whether sustainability reports on sourcing of wood pellets meet renewables subsidy criteria

3 years ago·London, United Kingdom

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business-live.co.uk

Energy watchdog Ofgem launches investigation into Drax's biomass reporting

Ofgem is looking at whether the North Yorkshire power company has breached reporting requirements

3 years ago·London, United Kingdom

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The Guardian broke the news in London, United Kingdom 3 years ago on Wednesday, May 31, 2023.

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Stories disproportionately reported by the Left or the Right

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