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 15% by 2011. Drax's annual report for 2013 reported that Drax's annual emissions were at 20,612,000 tonnes of . This was a slight decrease from 2007 levels due to the burning of biomass. Drax remained the UK's largest single emitter of carbon dioxide up until 2016, when the power station claimed that its improvement programmes and conversion to burning biomass, had meant a drastic decrease in greenhouses gases being released into the atmosphere. Drax has opted in to the Large Combustion Plant Directive (LCPD) and thus is permitted to continue operating beyond 2015. The use of flue gas desulfurisation ensures