Drax Group

Drax Group is a leading renewable energy company focused on bioenergy with carbon capture and storage (BECCS) to enable a zero carbon, lower cost energy future. Operating primarily in the UK, Drax generates renewable, flexible, and dispatchable power, ensuring energy security even when wind and solar power are unavailable. The company serves a diverse range of clients, including governments, businesses, and communities, by providing sustainable energy solutions. Drax's business model revolves around converting low-grade wood and other biomass into compressed wood pellets, which are then used to generate electricity. The company makes money by selling this renewable energy to the grid and through long-term contracts with various stakeholders. Drax aims to become a carbon-negative business by 2030 through innovative greenhouse gas removal technologies and sustainable practices.

Keywords: bioenergy, carbon capture, renewable energy, BECCS, biomass, sustainability, energy security, carbon-negative, wood pellets, greenhouse gas removal.