Showing 1 to 6 of 6 results
FCA Investigates Drax Over Biomass Sourcing, Delaying Potential Subsidies
The UK's Financial Conduct Authority (FCA) is investigating Drax power generator for potentially misleading statements about its wood pellet sourcing from January 2022 to March 2024, impacting its £10bn+ renewable energy subsidies and potentially delaying a new subsidy contract.
FCA Investigates Drax Over Biomass Sourcing, Delaying Potential Subsidies
The UK's Financial Conduct Authority (FCA) is investigating Drax power generator for potentially misleading statements about its wood pellet sourcing from January 2022 to March 2024, impacting its £10bn+ renewable energy subsidies and potentially delaying a new subsidy contract.
Progress
48% Bias Score
UK Government Cuts Drax Subsidy, Saving Consumers £170 Million Annually
The UK government will cut Drax power station's subsidy by half from 2027, saving consumers £170 million annually, as the plant's role in the power system is reduced, while its wood pellet sustainability increases to 100% under a new deal.
UK Government Cuts Drax Subsidy, Saving Consumers £170 Million Annually
The UK government will cut Drax power station's subsidy by half from 2027, saving consumers £170 million annually, as the plant's role in the power system is reduced, while its wood pellet sustainability increases to 100% under a new deal.
Progress
48% Bias Score
UK to Subsidize Drax Power Plant with £1.8 Billion
The UK government will provide Drax power plant with £1.8 billion in subsidies from 2027-2031 to ensure energy security, despite the plant's high profits and past subsidies totaling £7 billion since 2012, with a guaranteed power price significantly above market rates.
UK to Subsidize Drax Power Plant with £1.8 Billion
The UK government will provide Drax power plant with £1.8 billion in subsidies from 2027-2031 to ensure energy security, despite the plant's high profits and past subsidies totaling £7 billion since 2012, with a guaranteed power price significantly above market rates.
Progress
44% Bias Score
Drax Shareholder Meeting Disrupted by Biomass Protesters
Drax's annual shareholder meeting in London was shut down after approximately 10-20 activists protested the company's use of woody biomass for electricity generation, alleging environmental injustices and questioning data accuracy, leading to claims of stifled dissent and safety concerns.
Drax Shareholder Meeting Disrupted by Biomass Protesters
Drax's annual shareholder meeting in London was shut down after approximately 10-20 activists protested the company's use of woody biomass for electricity generation, alleging environmental injustices and questioning data accuracy, leading to claims of stifled dissent and safety concerns.
Progress
52% Bias Score
UK Extends Drax Biomass Subsidies Amidst Environmental Concerns
The UK government extended subsidies for the Drax biomass power station until 2031, despite environmental concerns, halving previous payments and imposing stricter sustainability conditions. This decision follows other controversial choices, sparking criticism from environmental groups but defended ...
UK Extends Drax Biomass Subsidies Amidst Environmental Concerns
The UK government extended subsidies for the Drax biomass power station until 2031, despite environmental concerns, halving previous payments and imposing stricter sustainability conditions. This decision follows other controversial choices, sparking criticism from environmental groups but defended ...
Progress
52% Bias Score
UK Government Weighs Billions in Subsidies for Controversial Biomass Power Plant
The UK government is considering billions of pounds in new subsidies for Drax power station, which burns wood for electricity despite environmental concerns; a decision expected by Monday, this conflicts with the government's 2030 decarbonization target and faces opposition from campaigners and some...
UK Government Weighs Billions in Subsidies for Controversial Biomass Power Plant
The UK government is considering billions of pounds in new subsidies for Drax power station, which burns wood for electricity despite environmental concerns; a decision expected by Monday, this conflicts with the government's 2030 decarbonization target and faces opposition from campaigners and some...
Progress
56% Bias Score
Showing 1 to 6 of 6 results