Mr. Paddy Teahon:

Floating wind turbines are on the way. The technology is developing very rapidly. There is huge potential there for Ireland after the cases we are talking about.

To tackle Deputy Ryan's question, we believe technology-specific auctions for offshore wind would be for a given number of megawatts. Even in our most optimistic moments, we do not believe the first auction would be for 2,500 MW but for a much smaller figure. Therefore there will be significant competition between the four companies. They will be competing for let us say 500 MW. Each witness has identified already that we will have to have partners in the areas the Deputy speaks about. This has transpired already. I will ask Mr. Connell to say what is happening with Oriel Wind Farm but it has happened already. I am involved in the Codling Bank project. We received approaches from ten different people at the level of Vattenfall and similar after the Oriel announcement. I think we can take it that there will be competition and we will see the big operators playing in the Irish Sea, which will contribute to the prices coming down.