Friday, September 20, 2024

Drax to pay £25m after reporting failures over wood pellets

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The owner of Britain’s largest power station has come under further fire from environmentalists after it failed to report accurate sustainability data about the sourcing of the wood pellets it burns to generate electricity.

The energy regulator has found that Drax failed to provide enough evidence over the profile of woody biomass consignments imported from Canada between April 2021 and March 2022.

The power generator has been told to pay £25 million into a redress fund, the second largest sum levied by the watchdog and almost a third of the £77 million in fines, redress payments and customer refunds obtained by Ofgem. The company also will resubmit its figures for the compliance period relating to the forestry type and saw-log proportions used in its plant.

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