Mr. Mark Foley:

I thank the Chairman. On his comment about the complexities of this conversation, we are trying to bring clarity and simplicity. One would be excused for thinking, based on public discourse, that electricity demand has gone up exponentially or in wild proportions in recent years.

However, if you look at the raw data, which is a matter of public record, our demand for electricity in the past five years has grown by 9%. I suppose we were trying to bring some balance into the conversation. That is not off the scale for a prosperous, growing and sophisticated western economy. The additional thesis one would add to that is that we should be able to cope with this. It is not exceptional.

A second part to my comment is that if the 500 MW of procured generation capacity in an auction had landed, frankly we would not be having this conversation today because we would arguably have more than adequate supply to meet demand. We are simply trying to bring some proportionality into the conversation because it has got rather noisy and, at times,has lost sight of the facts. The purpose of it is to help with the conversation.