Economic impact of Drax in the UK
Drax Group is one of the UK’s largest energy companies. It has three principal activities: electricity generation, electricity sales to business customers, and processing compressed wood pellets for use in electricity production.
Drax Group creates economic value directly, through its production and supply of electricity. Its direct GDP contribution in 2015, broadly equivalent to the sum of its wages and gross profits, reached £284 million. Drax employed almost 1,300 people directly to produce this impact.
Oxford Economics Research Team
Our Thought Leadership team produces original, evidence-based research made accessible to decision-makers and opinion leaders. Principals for this project included:
Lead Economist, Economic ImpactEmail