Drax Group has reaffirmed its 2026 financial targets, citing strong operational performance at its biomass power facilities in the UK. The company continues to pivot from coal to sustainable biomass to provide dispatchable, low carbon power to the national grid. A key part of the long term strategy involves Bioenergy with Carbon Capture and Storage (BECCS). By combining biomass generation with carbon capture, Drax aims to create negative emissions, though large scale deployment depends on UK government policy and funding frameworks.
