DRAX, the UK's biggest coal fired power station, has secured a deal to provide Centrica with 300MW of power for five years.

The agreement will see Centrica pay the Selby-based power generator for coal based on international prices and delivering matching CO2 allowances.

The volume of the contract is equivalent to a load factor of around 8% for the period October 2010 to September 2015.

Dorothy Thompson, chief executive of Drax said: "As with the first Centrica agreement in 2006, this not only gives Drax option......for the full story register now for free or login below...