SSE and Drax tell Philip Hammond they need longer-term clarity on price floor if they are to replace coal power plants
Will Gardiner, the group’s chief financial officer, will take over in January as company focuses on gas, biomass and battery power
Operator of UK’s largest power station says it plans to convert one of three remaining coal-fired units to gas
Activists in London and Yorkshire call on government to ‘axe Drax’, which they claim receives £1m a day in renewable energy subsidies
The biggest plant of its kind in Britain has been generating electricity for 46 years, with closure marking ‘end of an era’ for coal power in Scotland
Power plant conversion project in North Yorkshire is one of several state-backed renewable energy projects in the UK
Key shareholder blames cuts in renewable energy subsidies for decision to abandon White Rose CCS
Even if the country implements market reforms, VAT increases and pension cuts, its debt will still be too big to service – so why should the IMF contribute to a loan?
The removal of the climate change levy exemption has shocked the renewables sector, when there are lasting questions about Hinkley Point’s expansion
Greenpeace accuses George Osborne’s budget of taxing clean-power schemes as if they were fossil fuel producers
Drax had thought it was favourite to get two 'contracts for difference', designed to encourage investment in renewablesIt is hard to keep up with the twists in the tale of Drax's attempts to win fixed-price government subsidies...
Shares in power company fall 10% after judges say one new biomass-fuelled generator is not eligible for fundsPower generator Drax has admitted defeat in a row over the government's decision to pull the plug on a lucrative...
Shares in power company fall 10% after judges say one new biomass-fuelled generator is not eligible for fundsPower generator Drax has admitted defeat in a row over the government's decision to pull the plug on a lucrative...
Power station operator blames warm weather for hitting energy demand and lowering electricity pricesDrax, the operator of Britain's biggest power station, has become the second energy company in as many days to issue a profit...
Last December two Drax units were declared eligible for contracts, now only one plant made the list of qualifying projectsJust another whinge from a big power company about the government's slippery approach to subsidising...
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