Mr. Eugene Coughlan:

Our AFRY report, which we have copied to members and which they will have an opportunity to examine after the meeting, identifies several barriers to storage development. As Dr. Ryan said, the biggest one is uncertainty over the system services market. We do not know what the market for system services will be from 2024 onwards. How can people invest when they do not know what the market will be? The report identifies a few other issues. The grid connection policy is a big issue for anyone participating in the market. It is a question of a transmission network charging design that can incentivise flexibility. Storage and batteries can result in great flexibility and the provision of all sorts of services to the market.