Mr. Shaun Henry:

Currently, we do not have any direct engagement in trying to look at common regulatory environments. Our investment is more related to project level. We invest heavily with the universities and the institutes of technology in the Border region where such bodies promote innovation within the renewable energy sector.

In the past we would have invested in a major research project outside Larne, but in the past number of weeks it got a major investment from Europe of upwards of €70 million to develop a facility to store compressed air. Obviously in the context of the all-island electric grid that would be a storage capacity which would be of benefit to the entire island. Our key focus is in doing practical projects on the ground rather than engaging at the regulatory level.