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 Priory Drax Priory Drax Priory was an Augustinian priory at Drax in North Yorkshire, England, founded between 1130 and 1139 by William Paynel. The Priory has sometimes been called an abbey, though this is judged to be incorrect. Permission was given to crenellate the priory in 1362. The Priory was run down in 1535 with the Dissolution of the Monasteries and the land was leased to Sir Marmaduke Constable to be used as a farm. In 1997, a geophysical survey and aerial imaging was undertaken which revealed wall lines of buried buildings and former ponds. The monks at Drax owned lands