There is a needs market and a choice market. There is policy push in the UK with current energy policy. But there are market risks. There is not mitigation for foreign exchange. From the developer's perspective this is a risk market.
Uncertainty remains, policies have still to deliver.
Prices under NETA and RO are unknown. But policy push has revitalised development interest in a dormant UK market. Offshore we have an opportunity to lead the world. The industry will thrive if we all pull together. Questions and Discussion Questions raised a range of issues.