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 This work was completed in 2016 and a further fourth unit was converted in 2018. The company now plans to convert its remaining two coal units to 3.6 GW closed-cycle gas turbine units and 200 MW battery storage. Drax was initially conceived by the Central Electricity Generating Board in 1962 as the country's largest power station thus far, at about 3,000 MW. Subsequently, it was decided to use this opportunity as their first station to use the 660 MW turbogenerator sets which planned to become the new standard, so the planning consents were revised to about 4,000 MW. Following the