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  2. Share Prices
  3. Drax Share Price
  4. Drax Share Regulatory News
  5. Capacity Market Agreements

Pin to quick picksDrax Regulatory News (DRX)

Drax Information

Share Price Information for Drax (DRX)

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780.50    -4.00 (-0.51%)
Bid:
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Spread: 1.00 (0.128%)
Market Cap: £2.62b
DRX Live PriceLast checked at - London Stock Exchange

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Capacity Market Agreements

22 Feb 2023 07:42

RNS Number : 6870Q
Drax Group PLC
22 February 2023
 

22 February 2023

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 588MW) principally from its pumped storage and hydro assets(1). The agreements are for the delivery period October 2026 to September 2027, at a price of £63/kW(2), with income of around £37 million in that period. These are in addition to existing agreements which extend to September 2026.

 

 

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 91MW).

(2) Capacity Market agreements stated in 2021/22 real-terms, with payments indexed to UK CPI.

END

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Date   Source Headline
5th Jun 202610:21 amRNSHolding(s) in Company
1st Jun 202611:02 amRNSIssue of Shares
1st Jun 202610:28 amRNSTotal Voting Rights
1st Jun 20267:47 amRNSDisclosure Table
1st Jun 20267:00 amRNSOffer for Bluefield Solar Income Fund Limited
29th May 20267:00 amRNSCommissioning of First OCGT Plant
27th May 20267:00 amRNSChief Financial Officer
26th May 20268:45 amRNSApplication for block admission to trading
8th May 20269:00 amRNSDirector/PDMR Shareholding
1st May 202610:15 amRNSTotal Voting Rights and Issue of Shares
30th Apr 202612:53 pmRNSResult of AGM
30th Apr 20267:00 amRNSTrading Update
15th Apr 20268:45 amRNSApplication for block admission to trading
10th Apr 20267:00 amRNSTransaction in Own Shares
9th Apr 20267:00 amRNSTransaction in Own Shares
8th Apr 20267:00 amRNSTransaction in Own Shares
7th Apr 20267:00 amRNSTransaction in Own Shares
2nd Apr 20267:00 amRNSTransaction in Own Shares
1st Apr 202612:46 pmRNSTotal Voting Rights
1st Apr 20267:00 amRNSTransaction in Own Shares
31st Mar 202612:09 pmRNSIssue of Shares
31st Mar 20267:00 amRNSTransaction in Own Shares
30th Mar 20267:00 amRNSTransaction in Own Shares
27th Mar 20267:00 amRNSTransaction in Own Shares
26th Mar 20267:00 amRNSTransaction in Own Shares
25th Mar 20269:48 amRNSNotice of AGM and Annual Report and Accounts
25th Mar 20267:00 amRNSTransaction in Own Shares
24th Mar 202610:35 amRNSHolding(s) in Company
24th Mar 20267:00 amRNSTransaction in Own Shares
23rd Mar 20267:00 amRNSTransaction in Own Shares
20th Mar 20267:00 amRNSTransaction in Own Shares
19th Mar 20267:00 amRNSTransaction in Own Shares
18th Mar 20267:00 amRNSTransaction in Own Shares
17th Mar 20264:43 pmRNSDirector/PDMR Shareholding
17th Mar 20267:00 amRNSTransaction in Own Shares
17th Mar 20267:00 amRNSTransaction in Own Shares
16th Mar 20267:00 amRNSTransaction in Own Shares
16th Mar 20267:00 amRNSTransaction in Own Shares
13th Mar 20267:00 amRNSTransaction in Own Shares
13th Mar 20267:00 amRNSTransaction in Own Shares
12th Mar 20267:00 amRNSTransaction in Own Shares
11th Mar 20267:00 amRNSCapacity Market Agreements
11th Mar 20267:00 amRNSTransaction in Own Shares
11th Mar 20267:00 amRNSTransaction in Own Shares
10th Mar 20267:00 amRNSTransaction in Own Shares
10th Mar 20267:00 amRNSTransaction in Own Shares
9th Mar 20267:00 amRNSTransaction in Own Shares
6th Mar 20267:00 amRNSTransaction in Own Shares
5th Mar 20267:00 amRNSAppointment of Interim CFO
5th Mar 20267:00 amRNSTransaction in Own Shares
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