"As the global business and energy landscape continues to develop, we're evolving our strategy to ensure we're building a strong, resilient business for the future. The recent signing of the low-carbon dispatchable CfD agreement is recognition of the important role that Drax Power Station will continue to play for UK energy security into the 2030s. Moving forwards, we're focused on driving growth in our flexible generation business, creating new options and opportunities at Drax Power Station beyond 2031, and advancing future uses of sustainable biomass."
"You can't build a low-carbon future by making skilled energy workers redundant. Drax has had huge public subsidies - yet has betrayed the workforce and the communities that have supported it. A just transition means secure jobs, proper planning and workers at the heart of change. Ministers need to step in and make sure the reality matches their rhetoric. GMB will fight for nothing less."
Drax has started consultations in the UK and will brief colleagues in North America about potential changes that could reduce more than 350 roles across the group. The company says the recent signing of a low‑carbon dispatchable CfD recognises Drax Power Station's role in UK energy security into the 2030s. Plans focus on growing flexible generation, creating options at Drax Power Station beyond 2031, and advancing sustainable biomass uses. Management is adapting the organisational structure to realise those opportunities. The GMB union condemns proposed redundancies, calls for secure jobs and proper planning, and urges ministerial intervention. Drax frames the changes as key to long‑term success and the energy transition.
Read at London Business News | Londonlovesbusiness.com
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