Drax, North Yorkshire 36,000 tonnes of coal a day and produces 1.5 million tonnes of ash a year. It is both the United Kingdom's largest producer of carbon emissions, and one of the UK's most carbon dioxide-efficient power stations. Drax Power Station now produces half its output by burning biomass. This is controversial as the wood pellets it burns are claimed to produce more carbon dioxide than coal. Drax, North Yorkshire Drax is a village and civil parish in the Selby district of North Yorkshire, England, about south-east of Selby, best known today as the site of Drax power station. The village had
Drax Group in 2002. Many companies experienced financial problems, and Drax Power Station’s major customer went into administration, triggering financial difficulties for Drax. Following a series of standstill agreements with its creditors, the AES Corporation and Drax parted company in August 2003. During the restructuring, a number of bids were received from companies wishing to take a stake in the ownership of Drax, but creditors voted overwhelmingly to retain their interest in Drax. In December 2003, the restructuring was completed and Drax came under the ownership of a number of financial institutions. Almost exactly two years later, on 15 December 2005, Drax