Damien Jordan

You said that it's an efficient market.

But as consumers, we see like, you drive up the motorway, you see wind farms everywhere.

We hear about hydroelectricity and all these things.

Do you think it's a competitive market between the energy companies?

Because I do think it's surprising that, say, is it around 50% of the energy that we generate in this country is from renewable sources now?

Yeah, renewable plus nuclear is about that.

Yeah, but it's this gas-dominant piece that kind of sets the price.

And just to finalise on that point, because we've got loads of questions, you said the government have looked at it and basically have said...

we don't think moving to a different pricing structure would benefit the consumer or our goal to build more renewable.

So, you know, an average price of the units.

You said before about the 2050 and you said the prices of energy will be the same then.

Do you mean inflation adjusted that they're going to stay at these prices or that in real terms that they're going to be as big a part of people's household makeup as they are today?

I just couldn't understand what you meant.

Well, I think people were expecting to get much lower energy bills.

I think that's the point, right?

I think people are going to be quite disappointed to hear that by 2050 that this is the new norm in terms of energy price.

I mean, naively, I think you think, oh, we're entering a world where maybe we get energy abundance and the prices come down a lot.

But it seems like we're saying no.

I'll be nearly retired by then, I think.

My kids might benefit from the fact that I'm paying for no zero.