Drax power station the same facility in a conveyor transfer tower in October 2013. Drax power station Drax power station is a large biomass and coal-fired power station in North Yorkshire, England, capable of co-firing petcoke. It has a 2.6 GW capacity for biomass and 1.3 GW capacity for coal. Its name comes from the nearby village of Drax. It is situated on the River Ouse between Selby and Goole. Its generating capacity of 3,906 megawatts (MW) is the highest of any power station in the United Kingdom, providing about 6% of the United Kingdom's electricity supply. Opened in 1973 and extended in
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