The potential consequences of Drax's legal defeat on biomass subsidies

It is hard to keep up with the twists in the tale of Drax's attempts to win fixed-price government subsidies to help convert two of its dirty coal-fired units to run on biomass pellets.

Yorkshire carbon capture power plant gets EU funding

Drax, the operator of Britain's biggest power station, has secured up to €300m (£238m) of European Union funding to build a power plant whose carbon dioxide emissions will be trapped and buried deep beneath the North Sea.

Drax follows Centrica in issuing profit warning

Drax, the operator of Britain's biggest power station, has become the second energy company in as many days to issue a profit warning on the back of falling wholesale prices.