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Experts warn of blow to decentralised renewable energy projects - and diesel generators - as regulator confirms it will cut embedded payments from around £47/kW to between £3-7/kW

Transitional Arrangement auction, restricted to Demand Side Response schemes, could see businesses earn £14m while cutting carbon emissions this winter

Industry bodies slam Ofgem plans to reduce payments to embedded generators for producing peak time power

Change in governance structure aims to boost flexible grid system and combat perceived conflicts of interest in National Grid

Watchdog reiterates view that swift reform of charging arrangements is best for consumers, despite concerns from small energy generators