Dr. Paul McGowan:

I have little to add. We spoke earlier about the trilemma of security, sustainability and price. In that context, we are focused on trying to ensure we can deliver secure and sustainable supplies, including sustainability from a climate perspective, and to do so at the most efficient price. To re-emphasise what Ms MacEvilly said, doing that will require a level of innovation and competition is appropriate in many circumstances to deliver that innovation.

I will give only one additional example. We are running now at perhaps 70% to 75% renewables on the system. We are capable of running the system on up to 75% renewables instantaneously. It is groundbreaking and innovative for Ireland to be able to achieve that level of integration of renewables. By 2030, we think that we need to get that level to 95%. We see a competitive system services market where generators are competing to deliver the services EirGrid needs to be able to run the system on 95% renewables as a real way to ensure that we get value for money for customers, because they are ultimately going to have to pay for the transition.