News

Drax winds down coal plant spend

Drax saw pre-tax profit fall by £50 million in the six months to 30 June, compared to 2015. The removal of Levy Exemption Certificates and deteriorating commodity markets were to blame, the company said. The effect had been mitigated by…

Hinkley Point C decision ‘next week’

EDF has called its board members to a meeting on 28 July to take a final investment decision on Hinkley Point C. The meeting follows a 4 July meeting with EDF’s works council, after which EDF said it reconfirmed its…