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
Hugo Drax by the Soviets and SMERSH. Drax uses his knowledge of the impending disaster to play the stock market, planning to make a huge profit from his own terrorist act. Bond, with the help of female Special Branch agent Gala Brand, sabotages Drax's missile launch and changes the coordinates of the target back to the North Sea, where after the missile was launched Drax and his men had escaped so that they could watch as London was destroyed. In the event, the Soviet submarine carrying Drax is destroyed by the blast of the nuclear warhead. The novel involved the idea of