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Many British people will be completely unaware of the fact that the UK's national electricity grid was privatised by the Conservatives back in 1990.

Nor are they aware of the scandalous fact that, just like the water industry, the privatised industry has pocketed huge profits, while failing to fulfil its core mission - to build a national grid fit for purpose.

More importantly, they will have no idea how much this is adding to their energy bills.

Last week I was able to highlight this scandal when asked to do so during a combative interview on Talk TV with Ian Collins, about an article in the Telegraph wrongly blaming wind-energy for the high cost of UK electricity, along with the energy analyst Andy Meyer from the Tufton Street-based think-tank, the Institute for Economic Affairs (IEA) who produced the research the article was based on.

To the casual viewer, I was on a British TV station, discussing an article in a British newspaper, about a report by a British think-tank about the cost impacts of Britain's wind industry on Britain's national grid.

The reality was somewhat different, however.

In truth I was being interviewed on a US-Australian billionaire owned TALK TV station. whose owner, Rupert Murdoch, has been accused of using his global media empire to oppose climate action.

The news report itself was in The Telegraph, which is set to be soon jointly owned by US billionaire hedge funds and the Abu-Dhabi petro-dictatorship. It too is also notorious for endlessly attacking every aspect of climate and nature protection.

The IEA "think tank" under discussion has also previously been exposed as having received donations from multi-billion-dollar global oil corporations, while constantly producing "reports" attacking climate action.

Meanwhile, the National Grid itself is a privatised corporation partly-owned also by the Abu Dhabi petro-dictatorship and US billionaire owned hedge funds.

Thus while it may have looked like I was doing a simple interview, I was in reality wading through layer upon layer of a billionaire owned industrial-media complex whose own interests align with sabotaging Britain's transition to the clean energy economy.

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However, despite this, I was still able to highlight the above-mentioned national grid scandal.

In 2025 the annual Underlying Operating Profit for the National Grid plc was £5.36 billion. This was paid for by consumers energy bills, costing each household £187.

It could therefore add up to a staggering £53.6 billion over a decade. Yet despite pocketing these huge profits, it has failed in its core mission: building and maintaining a fully functioning grid.

In 2023 the BBC estimated that there was about £200 billion in clean energy projects awaiting connection to the national grid, with the longest waiting times in Europe to be connected.

Some projects were listed as taking up to 15 years to get connected, as the grid did not have the capacity for them.

And in addition to lack of capacity for new projects, the national grid also cannot cope with current levels of cheap green energy output when it is abundant on especially windy days.

These failures by the national grid add another two layers of costs onto bills.

As new renewables have for a number of years now, been far cheaper than fossil fuels, it means that the grid had to pay out billions of pounds more for expensive gas electricity, when it could have been taking advantage of the cheaper green electricity projects waiting for connection.

Secondly, consumers are having to pay for constraint payments to wind-ene...