Wealthy investors to earn millions after £175m of National Grid contracts are awarded to dirty electricity generators
Wealthy investors will earn millions from polluting diesel generators – and get lucrative tax breaks for doing so – under the government’s energy regime.
So-called “diesel farms” won contracts worth £175.5m to make power available to the National Grid as part of the capacity market auction that ended late on Thursday.
Related: £175m subsidy for back-up diesel power prompts calls for investigation