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.
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.
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.
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.
The U.K. Department of Transport on Jan. 20 announced plans to offer up to £43 million ($59.53 million) to support green aviation projects, including those focused on clean fuels and zero-emission aircraft.
Drax Group plc on Jan. 26 announced the launch of its Biomass Tracker, a new digital tool that provides greater visibility into the journey our woody biomass takes through the company’s global supply chain.
The U.K. Department for Transport late 2025 signaled it may be softening its stance on crop-based SAF. The agency is gathering stakeholder input that could provide a pathway to open the country’s SAF Mandate program to crop-based biofuels.
Drax has been named on the CDP (formerly the Carbon Disclosure Project) ‘A List’ for both its forestry and climate scores, recognizing the company as a leader in climate action and the company’s role in supporting responsible forest management.
Willis Sustainable Fuels UK Ltd. and the Green Finance Institute have announced a SAF project accelerator to bring WSF’s pioneering SAF project at Wilton International in Teesside to final investment decision.
Drax Group plc on Dec. 11 announced the company has no near-term or medium-term plans to expand wood pellet production capacity. Work on the proposed 450,000-metric-ton-per-year pellet plant in Longview, Washington, will remain paused.
Biomass energy sources supplied more than 9% of the U.K.’s electricity in during July, setting a new monthly record, according to the latest Electric Insights Quarterly report released by Imperial College London on Dec. 3.
The U.K. government on Nov. 24 announced it will apply a new anti-dumping duty on imports of biodiesel from China. The ad valorem duties range from $14.79% to 54.64% and will apply to biodiesel and renewable diesel. SAF is excluded.
The U.K. Trade Remedies Authority on Nov. 28 proposed new countervailing duties on U.S. renewable diesel. The agency is recommending duties be set at £257.80 to £303.56 per metric ton, which equates to approximately $1.09 to $1.29 per gallon.
Rolls-Royce is leading a new project to find smarter ways of using sustainable aviation fuel (SAF) to increase its effectiveness and role in reducing non-CO2 emissions, specifically those associated with contrail formation.
Renewables accounted for a record 54.5% of U.K. electricity generation during the second quarter of 2025, according to data released by the U.K. government. Generation from plant biomass was up, but generation from other forms of bioenergy fell.
Drax Group plc on Nov. 5 confirmed it has signed a contract with the U.K. government that will provide transitional support for all four of the biomass units at Drax Power Station from April 2027 through March 2031.
The U.K. Department for Transport on Oct. 16 confirmed it will implement a revenue certainty mechanism for SAF in the form of an aviation fuel supplier levy. The agency is currently seeking public comments regarding implementation details.
Exolum invests in UK’s first independent SAF blending facility
October 17, 2025
European logistics company Exolum on Oct. 15 announced its decision to invest £4.5 million in creating the U.K.’s first independent sustainable aviation fuel (SAF) blending facility at Redcliffe Bay in south-west England.
Drax, the renewable energy business, is partnering with NGIS, a global leader in geospatial technology, to model and monitor the carbon stocks of the U.S. and Canadian forests that Drax sources its sustainable biomass from.
LanzaJet Inc. has been awarded more than $13 million (£10 million) from the U.K. Department for Transport’s Advanced Fuels Fund to accelerate development of Project Speedbird, a major SAF biorefinery in Teesside, U.K.
Oftem and Drax Power Ltd. on Sept. 16 announced the appointment of Forvis Mazars to conduct an independent external audit of Drax’s annual profile data and associated reporting for the compliance period spanning April 1, 2023, through March 31, 2024.
Drax on Aug. 28 announced that the U.K. Finance Conduct Authority has begun an investigation into certain historical statements regarding the company’s biomass sourcing. The FCA confirmed the announcement but did not provide additional details.
The U.K. government has released data showing energy production from biomass and waste sources fell by 4.7% during the first quarter of 2025 when compared to the same period of 2024. Total primary energy production for the quarter was down 1.5%.
FutureMetrics LLC on June 17 published a white paper discussing how expected changes to U.K. bioenergy subsidies could cause the Drax and Lynemouth Power Stations to consider using thermally treated wood pellets.
The U.K. Competition and Markets Authority on May 30 announced it has accepted a request to evaluate a proposed subsidy for Drax Group plc that aims to provide transitional support for biomass power operations while the company develops BECCS.
The U.K. government on May 16 announced the launch of an independent review of greenhouse gas removals options, including large-scale bioenergy with carbon capture and storage (BECCS), to consider how GGRs can help meet net-zero targets.
A bill to formally adopt a revenue certainty mechanism to support the production of SAF was introduced in the U.K. Parliament on May 14. The proposed scheme is in the form of a guaranteed strike price.
Drax Group plc on May 1 released a first quarter trading update, reporting strong performance for both its North American-based pellet production and U.K.-based biomass power generation business segments.
The U.K. Trade Remedies Authority on March 17 announced it has initiated an anti-dumping investigation and a countervailing investigation into imports of hydrotreated vegetable oil (HVO), commonly known as renewable diesel, from the U.S.
Ofgem, Great Britain's independent energy regulator, on March 12 issued a statement providing additional details on its investigation into Drax Power Ltd. and how reporting requirements under the U.K. RO apply.
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