By Paul Homewood
Drax Power Station
Drax have recently published their latest Annual Accounts for 2019.
They reveal another year of obscene subsidies for their biomass business, with ROCs earning £528m and CfDs an extra £261m:
https://www.drax.com/investors/results-reports-agm/
Biomass generation totalled 13.3 TWh last year, so a total subsidy of £789m works out at £59/MWh, on top of the money they receive from selling the electricity they sell.
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May 4, 2020 at 08:03AM
Iowa Climate Science Education 