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The Evolution of the PPA Market
50% of new asset investments permitted in the UK are co-located. This is spreading like a wildfire because of the higher penetration we have. The market is now figuring out standards for hybrid PPA's and it will be hard to imagine going down a few years down the road where we will have assets realized without batteries. But I'm absolutely clear. We will see wobbles. We'll see people needing to step back to reassess, but the way to go is super clear what we would need to do.