The FCA reviewed Drax's market statements and accounts regarding its power plant operation in Selby, while Ofgem found reporting failures concerning biomass sourcing.
2 reports, 2 independent
Updated Jun 18
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The FCA reviewed Drax's market statements and accounts regarding its power plant operation in Selby, while Ofgem found reporting failures concerning biomass sourcing.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.FCA reviews Drax's accounts; Ofgem finds reporting failures on biomass sourcing for the Selby power plant.1 source
Ofgem found Drax failed data governance; FCA reviewed sustainability claims.1 source
Keep exploring
The entities involved
-
Drax
village in North Yorkshire, United Kingdom
Nothing else this week.
-
Financial Conduct Authority
quasi-governmental agency in the United Kingdom
-
Ofgem
United Kingdom government non-ministerial department