Mr. Paul Blount:

I tend to work on the basis that we need to move forward with the best solutions we have at any point in time. We are under pressure globally to decarbonise as quickly as we can. As workable, cost-effective solutions come to the market, they will be employed. There may even be some solutions that might be deployed earlier than the technologies we are deploying and maybe we should not slow down and wait for this either. This will come when it comes. It is not very far away. It is not a particular issue if it can be shown to be affordable, cost-effective and workable. We should progress those solutions.

From our perspective, we think this particular technology is promising enough that we are developing and progressing some projects with it today. At the same time, we are keeping a close eye on the market. If we see any solutions that we think provide better options for the system, we will look to maybe start developing those in parallel.

I apologise for constantly bringing it back to the market point, but if the market is saying that it will give long-term contracts for the best technical solutions to decarbonising the power system, then that is where we will get innovation and the best possible solutions as fast as possible in the system. We could always wait five or ten years. In 20 years' time, there will be better technology. These technologies have limited lives. It is not the case that we are buying something today that will be in place for a hundred years; 20 years is the kind of timeframe involved. We can keep making progress as better technologies keep coming, and the system will keep iterating its way forward with better and better solutions over time. The key is whether something is affordable and works. Once we get to that point, we should drive on.