UK power firm to pay fine over inaccurate data on wood
British electricity generation firm Drax has agreed to pay GBP25 million ($33 million) for reporting inaccurate data on the wood it burns in its power plant, the UK's energy regulator Ofgem said Thursday. Ofgem opened an investigation in May 2023 over Drax's claims that the wood it uses to generate electricity is renewable. "Drax has accepted that it had weak procedures, controls and gove