July 31 (Renewables Now) - UK power generator Drax Group Plc (LON:DRX) has awarded a GBP-40-million (USD 53m/EUR 45m) contract to Siemens AG (ETR:SIE) for the upgrade of turbines on three biomass units.
Siemens will execute the contract over a three-year period, starting in 2019. One biomass unit at Drax’s plant in North Yorkshire will be upgraded each year and this is expected to deliver efficiencies and maintenance savings.
Three of the Drax power station's six 645-MW units have been converted from coal to biomass and a fourth one is currently going through the same process. In the first half of the year, biomass accounted for 71% of Drax’s generation, which is up from 68% a year back.
Drax noted that the cost of the upgrades are within the company’s existing plans.
(GBP 1.0 = USD 1.317/EUR 1.122)