The last two coal units at Drax Power Station may soon shut down as the operator weighs up options. On a positive note, Drax said it secured capacity contracts for 2,562 MW at the latest T3 auction for existing gas, pumped storage and hydro assets. These contracts, running from October 2022 to September 2023, are priced at £6.44 per kilowatt and worth some £15 million.
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