Drax Positioned for Growth in a Clean Power 2030 Future – Aquaicity Ltd

Drax
[shareaholic app="share_buttons" id_name="post_below_content"]

Drax Group plc (LON:DRX) is well-positioned to thrive in the UK’s Clean Power 2030 landscape, thanks to its diverse portfolio of renewable and flexible generation assets. According to Martin Young of Aquaicity Ltd, “Drax’s post-2027 EBITDA target of £250m+ from FlexGen & Energy Solutions is plausible,” supported by favourable market dynamics and secured capacity revenues. With a strong presence in biomass, pumped storage, and new-build gas generation, alongside strategic options like data centres and battery storage, Drax is aligned with the UK’s transition to a low-carbon, flexible energy system.

You can read the full report below:

Drax Group is a UK-based energy company focused on renewable and flexible power generation, including biomass, hydro, and energy solutions for industrial and commercial customers.

Share on:
Find more news, interviews, share price & company profile here for:

If our articles help you then why not add us as a preferred news source on Google.

Drax targets a more flexible role in the UK power market

Drax is expanding its role in the UK power market with renewables, storage and flexible generation as demand patterns become more volatile.

Drax Group FCA investigation closes with no further action

Drax says the FCA has closed its investigation into historical biomass sourcing statements and annual report compliance without further action.

Grid shift strengthens the case for flexible power

Britain’s move away from fossil fuel generation is increasing the value of flexible power assets as demand from AI, electrification and grid balancing grows.

Britain’s grid shift creates clear openings for energy investors

Britain’s electricity market is moving towards cleaner generation, but the biggest investor opportunities may sit in grid access, flexibility, storage and demand management.

Drax strengthens its role in grid resilience as energy priorities shift

Drax is positioning biomass and flexible generation as increasingly relevant assets as power systems balance decarbonisation, reliability and rising demand.

Drax agrees £548m cash acquisition of Bluefield Solar Income Fund

Drax has agreed to acquire Bluefield Solar Income Fund in a recommended all-cash deal valuing BSIF’s issued share capital at about £548m, or £561m including a permitted dividend. The acquisition would expand Drax’s UK renewable generation portfolio across solar, wind and battery storage.

Search

Search