Drax Group plc (LON:DRX) has confirmed that it has provisionally secured agreements to provide a total of 434MW of capacity (de-rated 399MW) principally from its pumped storage and hydro assets(1). The agreements are for the delivery period October 2029 to September 2030, at a provisional clearing price of £27/kW/year(2), with income of around £11 million in that period. These are in addition to agreements for these existing assets which extend to September 2029.
Drax secures 434MW capacity agreement for 2029–2030 delivery
- Written by: Amilia Stone
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