: Following the 2025 full-year results, Drax shares rose by over 3%, reflecting investor confidence in this pivot toward storage and data center development. Bioenergy with Carbon Capture (BECCS)
The heart of the company's operations is the Drax Power Station in North Yorkshire. Originally built in the 1960s as a coal plant, it has been converted to burn compressed wood pellets, supplying approximately 6% of the UK's total electricity. drax group
The Drax Dilemma: Is the UK’s Energy Giant a Climate Savior or a Subsidy Sponge? : Following the 2025 full-year results, Drax shares