I pay tribute to the Commission for Energy Regulation for its report. I welcome the Minister of State, Deputy Michael Ahern, to the House and extend that welcome also to the Minister who preceded him this evening, the Minister for Communications, Marine and Natural Resources, Deputy Dermot Ahern. I pay tribute also to the former Minister, Senator O'Rourke. It is appropriate when talking about electricity regulation that we should note that it was she who laid the foundation stone with regard to regulation. Her Electricity Regulation Bill 1998 was groundbreaking legislation. It made history in that it signalled the beginning of a new era for the electricity industry.