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Biome provides Q3 update on bioplastics development

November 14, 2014

BY Erin Krueger

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FCA closes Drax investigation, takes no additional action

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By Erin Krueger

June 18, 2026

Pellets Power UK 

The U.K. Financial Conduct Authority on June 18 announced its investigation into Drax Group plc’s sustainability claims regarding its use of Canadian biomass uncovered no evidence that justifies any further action. The investigation is now closed.

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The U.K. Department for Transport on June 16 announced plans to launch a new £219 million low carbon fuels fund to support domestic SAF production. The agency also launched a call for evidence regarding expected SAF supplies.

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The U.K. Environment Agency on May 28 issued a statement proposing to grant Drax Power Ltd. a permit change that would allow carbon capture to be implemented at Drax Power Station. A public comment period on the draft permit is open through June 24.

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U.K.-based Clean Planet Technologies has announced the opening of a pilot facility that converts waste plastic to sustainable aviation fuel (SAF). The facility utilizes pyrolysis, purification, distillation and hydroprocessing technologies.

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Drax Group plc released a first quarter trading update on April 30, reporting that the company’s pellet production business is performing well, with a continued focus on cost reduction in its U.S. operations.

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