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
Reginald Drax Their son is Henry Walter Plunkett-Ernle-Erle-Drax, who is the father of Richard Drax, Conservative MP for South Dorset since the 2010 general election. Reginald Drax Admiral the Hon. Sir Reginald Aylmer Ranfurly Plunkett-Ernle-Erle-Drax, KCB, DSO, JP, DL (28 August 1880 – 16 October 1967) was a British admiral. He is often referred to as Reginald Plunkett or (after 1916) Reginald Drax. He was the younger son of John William Plunkett, 17th Baron of Dunsany (1853–1899) and his wife, the former Ernle Elizabeth Louisa Maria Grosvenor, née Burton, later Ernle-Erle-Drax (1855–1916). His elder brother was Lord Dunsany, a prolific writer and