Drax Power Station: Subsidies
Commons · Question 43727 · Tabled 2 Apr 2025 · Department for Energy Security and Net Zero · Official record
Answered 11 Apr 2025
Question
Asked by Pippa Heylings
To ask the Secretary of State for Energy Security and Net Zero, whether his proposed extension of subsidies for the Drax power station would raise the guaranteed strike price for the company from £100 MW/h to £113 MW/h.
Answer
Answered by Michael Shanks, 11 Apr 2025
The new CfD arrangement caps the volume of supported generation to an annual load factor of 27% compared to Drax’s current 65%. This incentivises dispatchable biomass generation only when the system needs it, ensuring consumers can benefit from cheaper wi...