Professor Aoife Foley

So every time that happens, he can make more money.

In Ireland, it's been 350 gigawatt hours, which would be about two point, that's enough electricity now to give 150 kilowatt hours per home in Ireland for 2.1 million households.

So that's the electricity we're dumping.

Just wasted.

So it's not that we want to... What I propose is we don't give it to people for free.

And, like, I mean, you know, Aoife Hearn was in The Independent.

Paul Dean was in The Independent about targeted measures.

What I'd like to do is the reverse of that.

We manage the system so the energy companies don't get the price for the free gas that they have or the gas that they're importing that actually benefits nobody in the economy.

Then they get the constraints payments.

And then also they get the ancillary services payments for bringing on peaking plants to maintain system operations.

So and then what happens in these companies?

So if you look at EDF and Uniper, then they're bailed out every few years and backed up.

Because in essence, we can set up a huge retail electricity system.

What we can do, our market, we can codify the tariffs so that we give very specific targeted interventions to different income groups, commercial entities, so that we can use our electricity in a better way using the technology that we produce here.

So smart controls.

PSA controls in Cork, Glen Dimplex and storage heaters.

All of these, each is a kit that we manufacture across the UK and Ireland that create real jobs.

It's about making an intelligent electricity system.

That's what I'm talking about.