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
Hugo Drax the "traitor within" throughout the course of the book. Drax, real name Graf Hugo von der Drache, is a "megalomaniac German Nazi who masquerades as an English gentleman", while his assistant, Krebs, bears the same name as Adolf Hitler's last Chief of Staff. In using a German as the novel's main enemy, "Fleming ... exploits another British cultural antipathy of the 1950s. Germans, in the wake of World War II, made another easy and obvious target for bad press." "Moonraker" uses two dictatorships that Fleming hated - the Nazis and the Soviets - as villains: Drax is German and works