Mr. Jim Dollard:

If I can pick up on one issue that was raised, Ireland has rightly set its heart on net zero. That is going to require very large-scale renewables deployment. Renewables are intermittent. Most or all forms of renewable energy are intermittent so large-scale storage is going to be required. If we are to deliver the ambition large-scale storage is going to be required. We believe green hydrogen is the form for that. To the point that was raised, we fully support a green hydrogen strategy. We would not support anything other than a green hydrogen strategy. There is huge benefit to Ireland in terms of security of supply. What that means for what we need to do is we need more offshore wind capacity beyond our daily use. We are going to be creating and generating renewables on the island that are effectively designed to provide storage capability.

Green hydrogen is probably the leading proposition in the market. We believe it is the way forward. Moneypoint has been a cornerstone of the energy system for the last 40 years. It uses coal, which must and will exit the system by 2025. We believe that site will provide effectively the same capacity in storage using hydrogen, which is a green fuel. The transition is important. The capacity and renewables required will be well beyond the daily peak on this island to create that storage capability.