Mr. Rodney Doyle:

I can touch on the price element of Brexit. Mr. Wheeler touched on the idea that post Brexit he will continue to run his business and we expect that all the participants in the electricity market. There is great support North and South from both regulatory authorities and departments on the energy side. The all-island single electricity committee, which governs the electricity market, has also supported the idea of the continuation of the single electricity market. The certainty of that market in a post-Brexit environment will provide certainty to those generating electricity, those supplying it and price follow-through.

There will be an impact from Brexit but we do not expect it to have a significant impact on consumers. We also expect that in the weeks and months straight after Brexit, the generators who trade in the electricity market will find ways of trading with their colleagues in Britain as they transform how they trade in a Brexit environment. That will lead to further efficiencies. At the same time we will look at the structures of the market and continue to evolve it, and if required, push it further to provide more efficiency. The structures will be there to provide the certainty needed for price stability. Certainty leads to stability and we are concentrating on providing a clear market that people can understand and in which they can trade.