Comments on: Drax beguns consultation on new pumped storage plant at Cruachan – but warns investment decision will not be taken without an ‘updated market support mechanism’ https://www.newpower.info/2021/06/drax-beguns-consultation-on-new-pumped-storage-plant-at-cruachan-but-warns-investment-decision-will-not-be-taken-without-an-updated-market-support-mechanism/ Expert information for all those invested in the UK's energy future Fri, 20 Feb 2026 08:08:27 +0000 hourly 1 http://wordpress.org/?v=3.6 By: Jack Spruill https://www.newpower.info/2021/06/drax-beguns-consultation-on-new-pumped-storage-plant-at-cruachan-but-warns-investment-decision-will-not-be-taken-without-an-updated-market-support-mechanism/#comment-88438 Jack Spruill Sun, 04 Jul 2021 13:27:19 +0000 http://www.newpower.info/?p=10245#comment-88438 Market Support Mechanism is a slightly veiled term for Government Subsidy. Drax is already living with both elbows in the trough of massive government subsidy to burn trees.

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