Hon Dr MEGAN WOODS (Minister of Energy and Resources): Thank you, Mr Speaker. In answer to the first part of the question, the Government has allocated $30 million to the first stage of the NZ Battery Project, and $70 million is set aside in contingency for stage two. Lake Onslow, as recommended by the Interim Climate Change Committee for further investigation, is the base case for the NZ Battery Project, but against this, other pumped hydro options and comparator technologies are being investigated. It is critical that we consider solutions to the dry year problem as part of New Zealand's transition to a zero carbon future. The alternative is that we continue to rely on expensive fossil fuels for dry year storage, as we did this year when hydro lakes had some of the lowest inflows on record. As the member knows, this reliance on fossil fuels resulted in very high wholesale electricity prices. The New Zealand Battery Project is focused on finding a solution that will allow us to unleash New Zealand's abundant and affordable renewable energy sources. In answer to the second part of the question, yes.