#Subsidies

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• Crypto & Markets

  Drax claimed record £999m in subsidies for burning trees in 2025, thinktank says

  Summary: firm has received about £8.7bn in renewable energy subsidies since 2012, despite claims wood pellets are not sourced sustainably The owner of the Drax power plant in North Yorkshire received record subsidies of almost £1bn for burning trees to generate electricity in 2025, a climate thinktank has calculated. Background The firm was paid £999m last year for generating about 4.5% of Great Britain’s electricity from its biomass plant, costing each household £13 a year, based on analysts at

  Fatima Noor · 4/16/2026