Diesel power companies given big tax breaks under Osborne’s energy regime

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.