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
James Drax a royalist faction seized control of Barbados in 1650, James and William Drax were exiled from the island, along with other prominent parliamentarians. They returned to London, where they lobbied the House of Commons to send an expedition to retake the island. In 1651, Drax sailed in the fleet designed to re-conquer Barbados, and he was part of the team that went ashore to negotiate the surrender of the island. Restored to his estates and power, Drax once again took up a leading role in the governance of the colony. It is thought that Drax Hall, the impressive seventeenth-century manor