News, Events & Industry Insights

Home>News>Company>2014>Feb

Drax results – year-end 2013

Drax has posted positive year-end results for 2013, and has even reported that the first biomass-burning unit – converted last April – has outperformed expectations.

As Drax’s retail business, this is good news for Haven and its customers, who can benefit from a secure supply of renewable energy through Drax’s biomass-burning capabilities.

Haven itself has announced that 2013 was another significant year of growth, with a turnover of circa £751m compared to £451m in 2012. It is also on-track to deliver 12-15 TWh by 2015.

Natalie Keogh, operations director at Haven Power comments: “With Drax’s continued support, 2013 was a year of substantial growth once again. Our sales increased by 59 percent in volume compared to 2012, and in such a competitive market, this demonstrates the strength of our offering.

“In addition, the renewable energy we can offer our customers is becoming more and more popular, with 50 percent of the electricity supplied in 2013 on Levy exempt power. Drax Group is committed to delivering renewable power, generated from biomass, at competitive prices to a growing number of customers. We know there are a number of businesses who share our vision, not just about the environment but also our commitment to enabling customers to meet obligations and help the UK become a more sustainable economy.”

“This year is about continued growth, retaining our existing customer base, and ensuring we keep our customer-focused proposition as we grow.”

To view the full Drax results, click here.

 

"This year is about continued growth, retaining our existing customer base, and ensuring we keep our customer-focused proposition as we grow."

Natalie Keogh, Operations Director at Haven Power

Haven Power news, events and industry insights.