00:08The energy transition is one of the biggest challenges of our generation, but it's also
00:13a great opportunity to develop a green sustainable grid for future generations. So what is the
00:19challenge here? That we need to replace existing fossil fuel generation with clean, renewable,
00:26and inverter-based resource generation that has different behaviours, and this is a big challenge.
00:32People expect clean, sustainable electricity supply, and business and industry expect reliable
00:40and secure electricity supply. And this could be conflicting, and the challenge is to meet both
00:46objectives 24-7. So how could we prioritise and meet these deliverables? We need to invest,
00:55we need to create more innovation, accelerate innovation, and we need to collaborate more.
01:00And this week here in Paris, we all collaborated, we all talked together, and we need to continue
01:06this momentum, we need to continue this initiative, and when we go on Monday to our offices, we need
01:12to keep talking. We cannot wait until two years when we meet here again. So let's do it together.