Supply and demand with respect to renewable energy...? I would start with supply-and-demand imbalances being recognized.
On green hydrogen, there will not be enough of it, whether it's green hydrogen or converted green ammonia for shipping, to meet the demand in Europe or globally. We're starting to talk to offtakers now.
I just came from Germany. One significant German utility said this to us two or three times in the meeting: “We recognize that the supply is going to be very limited. We just need to understand how we can afford to buy the premium green product.” Of course, that's going to take governments working together to stand up the subsidies. That situation is likely going to persist for many years. Nobody has a crystal ball to understand what that might look like. Conceivably, it could be 10 to 15 years of having that supply-demand imbalance.
It's going to be very interesting to see how it develops. Again, taking a first-mover position in Atlantic Canada is going to allow us to prosper from that supply-demand imbalance while being a leader in the fight against climate change.