Ungated Post | 07 Sep 2016

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.

Read the full report.

Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.

To find out more about our capabilities, contact:

Americas
Diantha Redd
+1 (646) 503 3052
Email

Asia Pacific
Peter Suomi
+65 6850 0110
Email

EMEA
Aoife Pearson
+44 (0)203 910 8054
Email

Related Services

Economic and social benefits of aviation ATAG

Post

Aviation: Benefits Beyond Borders 2024

Consulting Report Economic impact of Drax in the UK You might be interested in

Find Out More
SHEIN Economic Impact US

Post

The Economic Impact of SHEIN in the United States

Consulting Report Economic impact of Drax in the UK You might be interested in

Find Out More

Post

The Value of Beauty

This report explores the economic and societal impact of the beauty and personal care industry and its value chain in the EU27.

Find Out More