Mr. Jim Gannon:

On the hybrids discussion, this is one area where there were three separate parts of one major decision we were going to make.

Deputy Whitmore made a point about the speed of decision-making. It is one of those areas where we asked industry which component part of this one big decision would have the biggest impact the quickest and their response was in the order in which we have now split out the decision into three decisions to try to have impact earlier. It is one of the means by which we are trying to get more impact quicker in terms of our decision-making process.

Deputy Bruton mentioned the energy security package. There are of course learnings to be had therein. There are always learnings even if things do not result in emergency actions needing to be taken. A key part of that for us is the recommendation that the EY review that we conducted on the capacity mechanism should be fully implemented. This preceded the McCarthy report and incudes actions around the capacity market, and reflections on incentives in the capacity market, exit penalties and the method by which we predict demand. We have spoken about that challenge in predicting demand. There is now a European requirement called the national resource adequacy assessment. That is quite a sophisticated demand prediction tool.

Separately, there are other findings in that report and in the package that we have discussed here today. One is the plann-led approach around data centres and making sure that there is this consideration of decarbonisation alongside security of supply, and that we can see more clearly that pathway ahead. That requires not just us, as energy regulators, acting on it.