Ungated Post|7 September 2016
Economic impact of Drax in the UK
Drax Group is one of the UK’s largest energy companies. It has three principal activities: electricity generation, electricity sales to business customers, and processing compressed wood pellets for use in electricity production.
Drax Group creates economic value directly, through its production and supply of electricity. Its direct GDP contribution in 2015, broadly equivalent to the sum of its wages and gross profits, reached £284 million. Drax employed almost 1,300 people directly to produce this impact.
Read the full report.
Oxford Economics’ team is expert at applying advanced economic tools that provide valuable insights into today’s most pressing business, financial, and policy issues.
To find out more about our capabilities, contact:
Americas
Diantha Redd
+1 (646) 503 3052
Email
Asia Pacific
Peter Suomi
+65 6850 0110
Email
EMEA
Aoife Pearson
+44 (0)203 910 8054
Email
Related Services

Oxford Economics Africa conducted a socioeconomic impact assessment of DP World Dakar covering 2022–2024. We assessed DP World’s operations in Senegal, quantifying its economic footprint, the activity supported through trade facilitation and evaluating social and environmental outcomes, while mapping how value is created for key stakeholders: employees, customers, suppliers, partners, and communities.

This report assesses the Philippines’ agri-food system, from agricultural production and food and beverage (F&B) manufacturing, to the wholesale, retail, and hospitality distribution networks that bring F&B to market.
We quantify the economic contribution of the local agri-food sector, document the challenges faced by Philippine agri-businesses due to the tightening operating environment and shifting trade patterns, and outline a practical path to navigate these headwinds.

This report focuses on the quantum computing sector in Sussex and Greater Brighton, and its potential contribution to the South East and wider UK economy.