UK businesses that want a high-quality, renewable energy source will find Drax an excellent option. Drax’s mission is to create a “zero carbon, lower cost energy future”.
Government regulations and public pressure encourage businesses to be more energy efficient. Finding an affordable way to do this has become a priority for many.
To learn more about who Drax are and how they plan to deliver their objectives, please keep reading.
Drax Group is a power generator and supplier that was founded in 2005. The UK energy group provides renewable energy solutions to commercial and domestic properties.
The Drax power station is located in North Yorkshire. It is the biggest renewable power station in the UK.
Drax has four renewable energy assets across Scotland and England. These include pumped hydro storage, hydroelectric, and biomass-sustainable assets.
Drax employs almost 3,500 people across the UK and US. The Drax group also has a group of subsidiaries under its umbrella, including;
They made an announcement in 2019 of plans to reach a carbon-negative status by 2030. They were the world’s first energy supplier to do this.
Drax is an energy specialist that focuses on large-scale industrial customers. They offer a standard business plan for companies that use over 50,000 kWh per year.
Smaller businesses are also catered for with tailored quotes to suit their needs.
Drax offers an excellent way for businesses to enjoy clean, renewable energy. The electricity provider offers plans to suit all needs. Smart meters also help their business electricity customers monitor usage.
Drax offers a business electricity supply on fixed-rate plans. This provides a way for businesses to agree upon the rate and terms upfront.
Fixed-rate energy deals can make company accounts easier to manage. This is because they will know what they are paying. Businesses will have a good idea of how much energy they use. This can also help with budgeting.
Many energy providers provide preferential rates based on the length of term that has been agreed upon.
Fixed-rate deals can protect businesses and help them save money if energy rates rise. They can also lead to businesses paying more than the going rate should the price fall.
Drax provides businesses with flexible deals that track live energy markets.
This can be an excellent way to take advantage of prices that drop. It can also leave a business open to higher energy rates if prices rise.
Company accounts can be more challenging to predict without set prices. There are pros and cons to this, which will suit different needs.
Drax provides renewable source energy solutions with certification. Drax also offers ways for businesses to generate their own energy and enjoy great rates.
Drax uses Carbon Capture and Storage (BECCS) technology to reduce carbon emissions. Carbon Capture and Storage sees carbon dioxide is captured and permanently stored.
Drax Smart meters provide accurate and up-to-date information. This allows a business to manage its energy consumption.
Smart meter installation allows company accounts to keep an eye on the exact cost of the energy being used. It saves the time and effort of manual readings.
Drax does not charge for the installation or maintenance of smart meters.
Smart readers provide accurate readings and bills. This provides peace of mind to businesses that don’t want to be kept in the dark.
Accurate readings also allow businesses to make the changes they need to save money. All smart meters and company data are kept safe and secure.
Drax smart meters are easy to use. You can find out more information on how to get and use one at the Drax website. Specialists are always on hand to help with advice and queries.
The Drax power station is located in North Yorkshire, near Selby. As the largest renewable power station in the UK, it provides 12% of the renewable power.
The Drax power station is seen as a secure alternative to other renewable energy sources. Those that rely on wind or solar power to generate energy are referred to as intermittent sources.
The power station uses biomass pellets to reduce carbon emissions. The biomass pellets used to generate energy produce 80% fewer carbon emissions than alternatives like coal.
They use carbon capture and storage to reduce the carbon emissions that are generated.
15 TWh (terawatt-hours) are generated by the power station every year. This is enough to power 5 million homes.
Over 700 people work at the North Yorkshire power station.
Of the six boilers used at the station to generate energy, four have been converted to biomass.
Biomass pellets are made from wood pellets. The wood used is sustainably sourced. Responsibly managed forests in Europe, the US, Brazil, and Canada all provide the wood used.
Drax has also created its own wood pellet processing plants. They aim to supply 80% of the pellets required for their power stations by 2027.
The power station feeds the national grid. This makes it easier for businesses to get renewable energy.
Drax has a set goal and pathway to create a “zero carbon, lower cost energy future” by 2030. Enabling a zero-carbon future can help businesses meet environmental targets.
Drax is one of the largest renewable energy generators and suppliers in the UK. Businesses that want to project a greener image will benefit from their services.
Plans can be tailored to business needs. This makes it easier to find great deals on renewable energy.
DSR (Demand Side Response) is a way to reduce electricity usage during peak times. This can result in using lower-priced energy. Drax offers DSR services to businesses.
DSR is a complicated system and is managed by Haven Power. Haven power is one of Drax Group’s subsidiary companies.
Drax has claimed that they aim to be carbon negative by 2030. This means that the company will generate less carbon dioxide than they remove.
Their aim to create a negative carbon footprint is an attempt to battle the climate crisis.
This can also reflect well on businesses that agree on deals with the energy supplier.
Many customers are becoming more socially conscious. Showing green initiatives can provide good PR.
To become carbon-negative, Drax aims to reduce emissions. They must also capture higher levels than they emit.
CO2 is captured and stored in natural rock formations. Oil and gas reservoirs that have been exhausted can be used to permanently store CO2.
Captured CO2 is transformed into “supercritical CO2” by pressurising it. This turns it into a liquid form that can be transported into rock formations via pipelines. This process is known as geological sequestration.
The CO2 is trapped by impermeable rock. It then begins to react with the minerals. This chemical reaction creates a chalky residue that further locks it in.
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