Drax Group plc Overview
Pro stress-test →Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. The company beat annual profit expectations in 2026, helped by strong pellet production in North America, and generated more renewable power in 2025 than ever before.
Strategic Profile
Pro stress-test →The company operates four business segments: Pellet Production (from facilities in North America), Biomass Generation (electricity from biomass assets in the UK), Flexible Generation (pumped storage, hydro, and gas turbine assets), and Energy Solutions (electricity supply to non-domestic customers). Drax owns and operates the Drax Power Station in Selby, North Yorkshire; Cruachan Power Station (pumped storage hydro, 440 MW) in Scotland; and Lanark and Galloway hydro stations (126 MW) in south-west Scotland.
Competitive Landscape
Pro stress-test →Drax operates in the renewable energy and biomass sectors competing against integrated utilities and renewable specialists. Its diversified portfolio across biomass generation, hydro assets, and pellet production provides competitive advantages. The company benefits from strategic positioning as a critical UK power generation provider and global biomass supplier.
Industry Context
Drax Group plc operates in Renewable Energy and Biomass Power Generation.
Key facts
Founded: 2005 · Headquarters: Selby, UK · Market cap: £2.95B