Global Trade Alert
Global Trade Alert

UK: Investment contract for the biomass conversion of the first unit of the Drax power plant

Announcement

15 May 2015

On 11 February 2016, the European Commission approved an investment contract for the conversion of the Drax power plant by the British government. The total budget for the conversion is GBP 1.1 billion for the years 2017-2027.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Dec 2016

Revocation date:

31 Mar 2027

Updated: 15 May 2015
Financial grant In force

According to the UK, "The notified aid concerns operating aid for the electricity generated in one unit (Unit #1) of the coal fired Drax power plant converted to enable it to operate entirely o...

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