RECOMMENDED READING:Will Gardiner, chief executive of Drax Group, said: "Drax has delivered a good performance in the first half. The company currently supplies around 6 per cent of the UK’s electricity and 10 per cent of its renewable energy. In May 2026, the company brought its first open-cycle gas turbine (OCGT) unit online, adding around 0.3GW of flexible generation to its portfolio. The company has declared an interim dividend of 12.9 pence per share, up from 11.6 pence for the same period in 2025. It expects to increase its full-year dividend by 11 per cent to 32.2 pence per share.