Drax Power Station

Type: Keyphrase
Name: Drax Power Station
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Drax Group Plc Stock Rating Reaffirmed by RBC Capital (DRX)

Drax Group Plc (LON:DRX)DRX has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein reiterated an "underperform" rating on shares of Drax Group Plc in a research note on Friday. They now have a GBX 550 ($8.85) ... [Published American Banking News - Oct 17 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

Why wind is not the answer to Ireland’s energy question

When all the costs associated with renewable technologies in Ireland are included, one option comes to the fore. It is to change the fuel used by Ireland’s largest power station, Moneypoint, which burns imported coal and is the country’s largest CO2 ... [Published Irish Times - Oct 15 2014]
Entities: Ireland, Biomass, Wind Power
First reported Oct 13 2014 - Updated Oct 13 2014 - 1 reports

News in brief

by Tom GouldingWith news on; Viridor bin crew on street-dancing show; Veolia signs Siemens UK contract; firm fined after worker loses arm; DECC rebuts Daily Mail article, and; CIWM award winner returns from BrazilManchester bin men form secret dance ... [Published Lets Recycle - Oct 13 2014]
First reported Oct 06 2014 - Updated Oct 06 2014 - 1 reports

Research Analysts’ Weekly Ratings Changes for Drax Group Plc (DRX)

Several investment firms have updated their stock ratings and price targets on shares of Drax Group Plc (LON: DRX) in the last week: Drax Group Plc (LON:DRX) opened at 627.90 on Monday. Drax Group Plc has a 52-week low of GBX 583.50 and a 52-week high ... [Published American Banking News - Forex - Oct 06 2014]
First reported Oct 03 2014 - Updated Oct 03 2014 - 2 reports

Consumers warned of increased energy bills

Consumers are being warned that energy bills will go up because the government rushed into a decision about multi-billion pound renewable energy contracts.A wind farm off the Yorkshire coast - and a biomass plant at Drax power station - were among those ... [Published itv.com - Oct 03 2014]
First reported Oct 03 2014 - Updated Oct 03 2014 - 1 reports

MPs slam Drax's renewables deal

THE chairman of an influential Commons committee has blasted a Government decision which saw Drax Power Station receive a lucrative renewable energy deal.Margaret Hodge, who heads the Public Accounts Committee (PAC), has criticised the decision to award ... [Published York Press - Oct 03 2014]
First reported Oct 03 2014 - Updated Oct 03 2014 - 1 reports

Renewable energy contracts slammed in House of Commons

Comments (0)Multi-billion-pound business contracts awarded to Drax Power Station and Hornsea Offshore Wind Farm could hike up energy prices, MPs have said.The House of Commons Public Accounts Committee said the decision to award £16.6bn of public money ... [Published Hull Daily Mail - Oct 03 2014]
First reported Oct 01 2014 - Updated Oct 02 2014 - 1 reports

Household energy bills rise 4% while Big Six pay less Suppliers costs fall by up to 20%

Households faced rising energy bills between mid-2013 and mid-2014 despite the cost of gas and electricity to the Big Six suppliers falling by up to 20 per cent.Average domestic gas bills rose 3.5 per cent in April to June 2014 compared to the same period ... [Published Mail Online UK - Oct 01 2014]
First reported Sep 25 2014 - Updated Sep 25 2014 - 1 reports

Energy prices high despite cost cut

Household energy costs rose over the past year, despite falling wholesale prices of gas and coal, official figures show.Consumer electricity prices were up 4.4% in April to June 2014, and gas prices were up 3.5% in real terms compared the same period ... [Published Jersey Evening Post - Sep 25 2014]
First reported Sep 22 2014 - Updated Sep 22 2014 - 2 reports

Goldman Sachs Increases Drax Group Plc Price Target to GBX 1,064 (DRX)

Research analysts at Goldman Sachs lifted their price target on shares of Drax Group Plc (LON:DRX)Shares of Drax Group Plc (LON:DRX) traded down 0.62% during mid-day trading on Monday, hitting GBX 640.00. The stock had a trading volume of 800,732 shares. ... [Published American Banking News - Sep 22 2014]
First reported Sep 12 2014 - Updated Sep 12 2014 - 2 reports

Drax Group Plc’s Outperform Rating Reiterated at Credit Suisse (DRX)

DRX has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Drax Group Plc in a research note on Tuesday. They now have a GBX 900 ($14.60) price target on the stock. Separately, ... [Published American Banking News - Forex - Sep 12 2014]
First reported Aug 07 2014 - Updated Aug 08 2014 - 2 reports

The potential consequences of Drax's legal defeat on biomass subsidies

Drax had thought it was favourite to get two 'contracts for difference', designed to encourage investment in renewables Vapour rises from cooling towers as the sun sets on behind Drax power station in Selby. Photograph: Bloomberg/It is hard to keep ... [Published Guardian.co.uk - Aug 07 2014]

Quotes

In response to the report, Drax pointed out that the "Committee clearly recognises biomass conversion, a project that we are undertaking at Drax Power Station, as a cost effective renewable technology."
"These contracts are better for bill-payers in the long run because it means we're able to move to real competition for contracts much faster."
But industry body Energy UK said in a statement: "End consumer prices may not always reflect changes in wholesale market prices as companies buy energy, weeks, months and years in advance as well as on the day ahead market."

More Content

All (43) | News (35) | Reports (0) | Blogs (6) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
Drax Group Plc Stock Rating Reaffirmed by RBC C... [Published American Banking News - Oct 17 2014]
Why wind is not the answer to Ireland’s energy ... [Published Irish Times - Oct 15 2014]
News in brief [Published Lets Recycle - Oct 13 2014]
Research Analysts’ Weekly Ratings Changes for D... [Published American Banking News - Forex - Oct 06 2014]
Drax Group Plc Stock Rating Reaffirmed by Sanfo... [Published American Banking News - Forex - Oct 06 2014]
Drax Group Plc Earns Outperform Rating from Cre... [Published American Banking News - Oct 06 2014]
Consumers warned of increased energy bills [Published itv.com - Oct 03 2014]
It's not easy being green [Published Economia - Oct 03 2014]
Rushed energy contracts will impact bills, says... [Published itv.com - Oct 03 2014]
MPs slam Drax's renewables deal [Published York Press - Oct 03 2014]
Renewable energy contracts slammed in House of ... [Published Hull Daily Mail - Oct 03 2014]
UK DECC: Bioenergy generation reached record 5.... [Published Biomass Magazine - Oct 03 2014]
Household energy bills rise 4% while Big Six pa... [Published Mail Online UK - Oct 01 2014]
Drax Group Plc Receives Consensus Recommendatio... [Published American Banking News - Sep 29 2014]
Sanford C. Bernstein Reiterates Underperform Ra... [Published American Banking News - Forex - Sep 26 2014]
Energy prices high despite cost cut [Published Jersey Evening Post - Sep 25 2014]
Goldman Sachs Boosts Drax Group Plc Price Targe... [Published Mideast Time - Sep 24 2014]
Silo effect [Published Engineer Online - Sep 23 2014]
Goldman Sachs Increases Drax Group Plc Price Ta... [Published American Banking News - Sep 22 2014]
Drax Group Plc Earns Sell Rating from Societe G... [Published American Banking News - Forex - Sep 22 2014]
Drax Group Plc’s “Add” Rating Reaffirmed at Alp... [Published Mideast Time - Sep 18 2014]
£4m NUM loan extends life of Hatfield Colliery [Published Yorkshire Post - Sep 16 2014]
RBC Capital Reiterates “Outperform” Rating for ... [Published Mideast Time - Sep 15 2014]
Drax Group Plc’s Outperform Rating Reiterated a... [Published American Banking News - Forex - Sep 12 2014]
Drax Group Plc Given “Outperform” Rating at RBC... [Published Mideast Time - Sep 12 2014]
Drax Group Plc’s “Outperform” Rating Reiterated... [Published American Banking News - Forex - Sep 12 2014]
Active Energy: seeing the wood for the trees [Published Proactiveinvestors United Kingdom website - Sep 01 2014]
The potential consequences of Drax's legal defe... [Published Guardian.co.uk - Aug 07 2014]
Drax admits defeat on state subsidy as appeal c... [Published Guardian.co.uk - Aug 07 2014]
Study: Biomass Worse for Environment than Fossi... [Published Breitbart Feed - Jul 25 2014]
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Active Energy: seeing the wood for the trees [Published Proactiveinvestors United Kingdom website - Sep 01 2014]
Even for AIM, Active Energy Group Plc ( LON:AEG ) looks a little ‘exotic’. It derives a substantial amount of its revenues from Ukraine; is plotting a revolution in the biomass fuel industry; and has signed a landmark forestry and timberland management ...
Study: Biomass Worse for Environment than Fossi... [Published Breitbart Feed - Jul 25 2014]
Power stations that burn biomass are worse for the environment than those that burn coal, new analysis suggests. According to David MacKay, the government’s chief scientific advisor on energy, burning wood imported from North America in British ...
Carbon capture: Pipe dreams [Published The Economist - Britain - Jul 03 2014]
FOR more than 30 years Peterhead power station has churned out electricity from a windswept spot on the north-east coast of Scotland. Its chimney (pictured) is a familiar landmark for strollers on Aberdeen’s chilly beach. Yet soon the ageing gas-fired ...
US Scientists Protest UK Biomass Policy that De... [Published Breitbart Feed - May 12 2014]
A group of scientists have written to Britain's Energy Secretary Ed Davey to protest American forests being cut down and pulped to provide biomass for UK power plants.  Under the government's biomass scheme, power stations are asked to stop using ...
8 ENGINEERING A CARBON-CAPTURED FUTURE [Published SUCKING CARBON OUT OF AIR - Jan 13 2013]
8 ENGINEERING A CARBON-CAPTURED FUTUREIn this post, I want to draw together some of the threads that I have been pursuing so far, and weave them into a workable scheme that I hope will make sense to others.   I cannot expect to reach  energy company ...
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