Drax: We're ready.

(From Grimsby Evening Telegraph)

Byline: David Laister dave.laister@gsmg.co.uk

ENERGY giant Drax has given a firm statement to Government that it is "ready to expand renewable capacity significantly with appropriate incentives," as it revealed its half year results yesterday.

The company, behind a proposal to build a huge biomass-fuelled power plant at Immingham, reported a year-on-year increase in profits for the first half of the year, up three per cent from GBP184-million to GBP190-million.

And speaking to the Telegraph, production director Peter Emery has described the next six months as "critical" to the business, as it awaits the …