Drax claims this process is carbon-neutral because the CO2 released during burning is re-absorbed by new trees.
Note: Based on Half-Year Results (H1 2023) and full-year 2022 trends. drax group
Drax counters that they only use forest residues and low-quality wood, and that their sourcing meets strict UK and EU sustainability criteria (including the "SBP" certification). Drax claims this process is carbon-neutral because the
: Following the 2025 full-year results, Drax shares rose by over 3%, reflecting investor confidence in this pivot toward storage and data center development. Bioenergy with Carbon Capture (BECCS) Drax shares rose by over 3%
Drax burns —pellets made from low-grade wood, forest thinnings, and sawmill residues. The company argues this is carbon-neutral because:
Drax faces intense scrutiny regarding the sourcing of its wood pellets.