Please use the ABC navigation to search for the definitions of acronyms, jargon or terminology related to Drax and its industry sector.
- Technical availability
Total availability after planned and forced outages.
- TXU
TXU Europe Energy Trading Limited (in administration and subject to a company voluntary arrangement).
- TXU claim
The claim issued by the Group, ultimately agreed by the Administrators of TXU at approximately £348 million (including VAT) in respect of unpaid power purchased by TXU and liquidated damages under the TXU Contract.
- TXU contract
A 15-year power purchase agreement with TXU.