Drax is a UK-based energy company with operations in the United States, Canada, and Japan. Its core business spans renewable power generation, sustainable biomass pellet production, and carbon dioxide removal. The company is a significant player in the UK energy landscape, ranking as the second largest source of renewable energy and the third largest source of dispatchable power in the country as of 2025.
The company's technical work focuses on engineering, technology, and innovation within renewable energy. Key operational areas include the production of compressed wood pellets from sustainably managed forests in North America and the development of bioenergy with carbon capture and storage (BECCS) technology through its subsidiary, Elimini. Drax has stated an ambition to reach net zero across its value chain by the end of 2040.
