Drax Fined £25m for Inaccurate Wood Pellet Data Reporting

Ofgem's investigation reveals governance failures in Drax's biomass sourcing data, raising sustainability concerns.

Drax agreed to a £25 million penalty after Ofgem found inaccuracies in its wood pellet sourcing data.
The investigation highlighted a lack of adequate data governance and controls at Drax.
There was no evidence of deliberate misreporting, but the breach was deemed technical in nature.
Critics argue the fine is minor compared to the substantial government subsidies Drax receives.
Environmental groups call for a reassessment of biomass subsidies and sustainability criteria.