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 in Ryecroft and St Ives (both near Bingley) in what is now West Yorkshire. These lands were granted to the monks by Adam De Birkin between 1165 and 1185. 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