As you said, demand-side measures are obviously the most cost-effective tool. The kilowatt that we do not need to produce is the cheapest kilowatt. Effective demand-side reduction is complementary to grid modernization and is equally critical. We see these as two sides. We need to build out and modernize the grid, but we also need to reduce demand through energy-efficient products as well as energy efficiency technology such as demand-side flexibility technologies.
That's where modernizing the grid to utilize those technologies will mean that we don't need to build as much grid, but right now it's all about trying to access those technologies and deploy them at scale.