Government decision vital to Drax bio plan.

(From Grimsby Evening Telegraph)

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

ENERGY giant Drax has confirmed it is continuing to look at making a huge biomass-fired power plant at Immingham viable, after binning a proposal for a similar venture at Selby.

Hard lobbying to maintain the level of Government subsidy and opening up the GBP700 million project to potential financial partners have been unveiled as core strategies as the company seeks to significantly expand its renewable capacity.

As reported in October, the Government's intended stance on biomass as an energy source was too cautious for the UK's biggest electricity generator, …