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UK DECC outlines bioenergy investments in annual statement

December 29, 2014

BY Staff

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UK agency reverses course, no longer recommends countervailing duties on US renewable diesel

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By Erin Krueger

March 12, 2026

Markets UK 

The U.K. Trade Remedies Authority on March 12 announced it no longer plans to recommend the U.K. government implement countervailing duties on U.S. renewable diesel, citing the expiration of the biodiesel blenders tax credit (BTC).

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Drax Group plc on Feb. 26 released 2025 financial results, reporting record high pellet production. The company, however, is launching a strategic review of its Canadian pellet operations due to a constrained fiber market and low margins.

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Drax acquires asset optimization platform

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By Drax Group plc

February 10, 2026

Drax is pleased to announce that it has signed an agreement to acquire Flexitricity Ltd., a U.K.-based optimizer of flexible energy assets, from Quinbrook. The transaction is expected to close during the first quarter of 2026.

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LanzaTech Global Inc. has announced Saltend Chemicals Park in Humberside as the intended location for its pioneering DRAGON II project—a £600 million investment to produce sustainable aviation fuel (SAF) and renewable diesel at scale.

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Drax announces restructuring plan

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By Drax Group plc

February 05, 2026

Drax on Feb. 3 announced plans to adapt its organizational structure to its evolving business. The company is launching a consulting process that could result in the reduction of more than 350 employees in the U.K. and U.S.

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