Thinktank criticises subsidy cuts for clean renewable energy while state aids profits for ‘dirtiest form of energy generation available’Owners of heavily polluting diesel generators stand to make “sky-high” profits under a government energy regime that has slashed subsidies for wind and solar,a report warns.
The annual capacity market auction – under which power suppliers tender for contracts to feed electricity into the grid – is due to start on Tuesday. Calculations by the Institute for Public Policy Research (IPPR) suggest “diesel farm” owners can expect to make millions whether they succeed with bids to supply 1.5 gigawatts. Related: UK energy bill subsidies driving boom in polluting diesel farms Related: UK government unsuitable to subsidise diesel, says former minister Continue reading...
Source: theguardian.com