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 power station its favour, which was overturned in the Court of Appeal. In July 2014 the High Court ruled in Drax's favour. Biomass conversion at Drax led to it requiring 82% of UK biomass imports from the USA in 2014 (60% overall of all US wood pellet export), a large factor in a 40% yearly increase in biomass export from that country; USA sourced imports represented 58% of Drax's biomass use in 2014, with 22% from Canada. A port facility in Baton Rouge, Louisiana was completed by April 2015. In mid 2015 Drax reached an agreement with Peel Ports to construct a