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Drax Group Shifts to US Biomass Amid Sustainability Concerns

2/27/2026

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Summary

Story summary

Drax Group will stop burning Canadian wood pellets and switch to US-sourced biomass by 2027.
The shift follows a £200m impairment and scrutiny of the Canadian supply chain's sustainability.
Environmentalists criticized Drax Group for sourcing wood from British Columbia forests.
Drax Group's shares rose to 20-year highs after reporting £947m in earnings for 2025.

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Story summary

Drax Group will stop burning Canadian wood pellets and switch to US-sourced biomass by 2027.
The shift follows a £200m impairment and scrutiny of the Canadian supply chain's sustainability.
Environmentalists criticized Drax Group for sourcing wood from British Columbia forests.
Drax Group's shares rose to 20-year highs after reporting £947m in earnings for 2025.