Ms Aoife MacEvilly:

The Senator is correct that nothing has changed in the legislation or the process. The variables included in the application include not only the plant and its specification but the heat use and the alternative cases. Many of those variables are financial and include prices of inputs, the sale of the product and cost of capital. Many variables are not just related to the plant; they are more related to the business case for the heat use and that is the key element that changed from 2012 to 2018.