The European Commission (EU) revealed it has opened an in-depth investigation to assess whether plans to convert the Drax coal power plant to operate on biomass, fall in-line with EC state aid rules. According to the EU, the EC state aid rules are to ensure that public funds used for renewable projects, such as Drax, are limited to what is necessary, do not result in overcompensation giving certain operators an unfair advantage over competitors. Once converted to biomass, the Drax coal power plant would have the capacity to generate 645 MW of renewable energy until 2027, by buring wood pellets
The European Commission (EC) revealed it has opened an in-depth investigation to assess whether plans to convert the Drax coal power plant to operate on biomass, fall in-line with EU state aid rules. According to the EC, the EU state aid rules are to ensure that public funds used for renewable projects, such as Drax, are limited to what is necessary, do not result in overcompensation giving certain operators an unfair advantage over competitors. Once converted to biomass, the Drax coal power plant would have the capacity to generate 645 MW of renewable energy until 2027, by buring wood pellets