On July 3rd Drax Group, the new owners of the Progress Power project, met with local councillors and local landowners at the Eye Community Centre. Several members of Drax’s project team attended the meeting including Andy Koss, the CEO of its generation business, Drax Power.
The meeti [...]
The Open Cycle Gas Turbine (OCGT) development project of Drax Group participated in the December 2016 capacity market auction but exited above the clearing price. It is expected that Progress Power will now go on to participate in the 2017 T-4 auction.
Read the announcement. [...]
Drax Group plc has acquired four Open Cycle Gas Turbine (OCGT) development projects.
The purchase of Progress Power and three other OCGT developments in England and Wales was announced today as Drax, the FTSE-250 company based in Selby, North Yorkshire, revealed its new purpose and strategy.
“Progress Power, the company that intends to build a gas-fired power station near Eye, is seeking amendments to the Development Consent Order that was issued by the Secretary of State for Energy & Climate Change in July 2015. Details have been published in the East Anglian Daily Times (and will b [...]
Progress Power's consented 299MW gas-fired generation project at Eye Airfield did not secure a contract in the Government's recent Capacity Market Auction for future power generation (held in December 2015) and therefore the project will not proceed during the course of this year (2016).
Given th [...]
Progress Power Ltd has secured planning consent from the Department of Energy & Climate Change for its £200m gas-fired power station project, near Eye in Suffolk. Subject to raising the necessary finance, construction of the plant would start in 2017 with commercial operation scheduled for 20 [...]
Decision from Secretary of State for Energy expected mid-summer 2015
The DCO Examination Phase for Watt Power’s Progress Power Project, near Eye concluded in January 2015, and is currently under consideration by the Planning Inspectorate.
In accordance with the statutory DCO timetable, a dec [...]
In response to Dr Poulter’s written representation regarding the Progress Power DCO application, as submitted to the Planning Inspectorate on 12 January 2015, Progress Power has released the following statement:
“We have met Dr Poulter on a number of occasions to discuss our proposed project [...]
The Planning Inspectorate has accepted an application by Progress Power Ltd for an Order Granting Development Consent for the proposed Progress Power Station on Eye Airfield and its related infrastructure.
The Inspectorate has decided that the application meets the standards required to be formal [...]
March 7 2014
Over the past 10 months, Progress Power has received various comments from local people, local councils and a range of interested organisations about its proposed power station at Eye Airfield and its related infrastructure. These comments have influenced the evolution of the overa [...]