Drax power station build a 626 MW oxygen-fuelled combustion power station adjacent to the existing Drax site. National Grid would simultaneously construct a pipeline to transport to the Yorkshire coast for sequestration. In July 2014 the project was awarded €300 million funding from the European Commission. In September 2015 Drax announced it would not be making any further investments into the CCS scheme after completion of the feasibility study because negative changes to government support for renewable energy had made the project too financially risky, plus drops in the company's share price due to the same uncertainty had reduced Drax's ability to raise
Drax, North Yorkshire post-office and village shop was opposite the parish church and closed in 1998. Drax has a Church of England parish church, dedicated to St Peter and St Paul. In the reign of King Henry I (1100–1135) William Paynel founded a priory of Augustinian Canons at Drax. In 1868 it was reported that traces of the priory could still be found but fieldwork in the 1980s and 1990s has failed to find any physical remains of it. By the mid-thirteenth century, Drax was a borough of local significance. However, an inquisition held in 1405 stated that the local manor was of