Drax Regulatory News (DRX)

Drax Information

Buy DRX Shares
Add DRX to Watchlist
Add DRX to Alert

Share Price Information for Drax (DRX)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 518.50

Bid: 516.00

Ask: 517.50

Change: 2.50 (0.48%)

Spread: 1.50 (0.291%)

Open: 516.50

High: 525.00

Low: 515.00

Prev. Close: 516.00

Last checked at -

Capacity Market Agreements

23 Feb 2022 09:00

RNS Number : 5553C

Drax Group PLC

23 February 2022

Drax Group plc

("Drax" or the "Company"; Symbol: DRX)

Capacity Market Agreements

T-4 auction - provisional results for existing pumped storage and hydro assets

Drax confirms that it has provisionally secured agreements to provide a total of 621MW of capacity (de-rated 586MW) principally from its pumped storage and hydro assets(1). The agreements are for the delivery period October 2025 to September 2026, at a price of £30.59/kW(2), with income of around £18 million in that period. These are in addition to existing agreements which extend to September 2025.

Enquiries:

Drax Investor Relations: Mark Strafford

+44 (0) 7730 763 949

Media:

Drax External Communications: Aidan Kerr

+44 (0) 7849 090 368

Website: www.drax.com

Notes:

(1) Cruachan Pumped Storage, the Galloway hydro scheme (Tongland, Kendoon and Glenlee) and three small legacy gas turbines at Drax Power Station (96MW, de-rated 92MW).

(2) Capacity Market agreements stated in 2020/21 real-terms, with payments indexed to UK CPI.

END

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

AGRTJMPTMTJTMFT

Date		Source	Headline
20th Sep 2018	5:23 pm	RNS	Holding(s) in Company
20th Sep 2018	5:08 pm	RNS	Transaction in Own Shares
17th Sep 2018	4:53 pm	RNS	Transaction in Own Shares
14th Sep 2018	5:08 pm	RNS	Transaction in Own Shares
13th Sep 2018	5:04 pm	RNS	Transaction in Own Shares
12th Sep 2018	5:07 pm	RNS	Transaction in Own Shares
11th Sep 2018	5:00 pm	RNS	Transaction in Own Shares
10th Sep 2018	4:58 pm	RNS	Transaction in Own Shares
10th Sep 2018	11:09 am	RNS	Holding(s) in Company
7th Sep 2018	5:00 pm	RNS	Transaction in Own Shares
6th Sep 2018	5:08 pm	RNS	Transaction in Own Shares
5th Sep 2018	5:08 pm	RNS	Transaction in Own Shares
4th Sep 2018	4:54 pm	RNS	Transaction in Own Shares
3rd Sep 2018	5:04 pm	RNS	Transaction in Own Shares
3rd Sep 2018	1:17 pm	RNS	Total Voting Rights
31st Aug 2018	4:44 pm	RNS	Transaction in Own Shares
30th Aug 2018	4:51 pm	RNS	Transaction in Own Shares
29th Aug 2018	4:53 pm	RNS	Transaction in Own Shares
29th Aug 2018	2:16 pm	RNS	Holding(s) in Company
28th Aug 2018	4:49 pm	RNS	Transaction in Own Shares
24th Aug 2018	4:49 pm	RNS	Transaction in Own Shares
23rd Aug 2018	4:41 pm	RNS	Transaction in Own Shares
22nd Aug 2018	4:47 pm	RNS	Transaction in Own Shares
22nd Aug 2018	12:41 pm	RNS	Holding(s) in Company
21st Aug 2018	4:50 pm	RNS	Transaction in Own Shares
20th Aug 2018	5:03 pm	RNS	Transaction in Own Shares
20th Aug 2018	4:49 pm	RNS	Holding(s) in Company
17th Aug 2018	5:00 pm	RNS	Transaction in Own Shares
16th Aug 2018	4:51 pm	RNS	Transaction in Own Shares
15th Aug 2018	4:50 pm	RNS	Transaction in Own Shares
14th Aug 2018	4:54 pm	RNS	Transaction in Own Shares
13th Aug 2018	5:30 pm	RNS	Transaction in Own Shares
10th Aug 2018	5:03 pm	RNS	Transaction in Own Shares
9th Aug 2018	5:03 pm	RNS	Transaction in Own Shares
8th Aug 2018	4:41 pm	RNS	Transaction in Own Shares
7th Aug 2018	4:55 pm	RNS	Transaction in Own Shares
6th Aug 2018	5:03 pm	RNS	Transaction in Own Shares
3rd Aug 2018	5:01 pm	RNS	Transaction in Own Shares
2nd Aug 2018	5:03 pm	RNS	Transaction in Own Shares
1st Aug 2018	4:54 pm	RNS	Transaction in Own Shares
1st Aug 2018	9:54 am	RNS	Total Voting Rights
31st Jul 2018	4:49 pm	RNS	Transaction in Own Shares
30th Jul 2018	4:57 pm	RNS	Transaction in Own Shares
30th Jul 2018	4:46 pm	RNS	Director/PDMR Shareholding
30th Jul 2018	3:10 pm	RNS	Holding(s) in Company
27th Jul 2018	5:05 pm	RNS	Transaction in Own Shares
26th Jul 2018	4:59 pm	RNS	Transaction in Own Shares
25th Jul 2018	6:25 pm	RNS	Transaction in Own Shares
24th Jul 2018	5:40 pm	RNS	Transaction in Own Shares
24th Jul 2018	7:00 am	RNS	Half-year Report

Latest Share Chat

Drax Regulatory News (DRX)

Share Price Information for Drax (DRX)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Capacity Market Agreements

Login to your account

Quickpicks are a member only feature

Login to your account