Dr Kieran Mullan

I agree with the hon. Gentleman; that is one of the pieces of the jigsaw that will further unlock private sector investment. In my engagement with industry, that is slightly further along the chain of things that it is looking for—the numbers do not add up at all at the minute, let alone a proper regulatory regime being in place. As soon as we unlock the numbers, the demand for all the other areas will really ramp up, which is why we need this thought-through strategy from Government so that they can anticipate and prepare to bring in the other elements when they become particularly important. I hope that I have done an adequate job of showcasing the industry and its potential. Everything we have learned in recent years shows that we need to take advantage of every opportunity. We need to build the biggest coalition, deploy the largest possible workforce and spread the benefits of decarbonising as widely as possible if we are to succeed and bring the country with us in the challenge. I cannot think of a better way of doing that than putting dedicated resources into deep geothermal. I know that it could bring benefits to my constituents and to the constituents of many other Members and unlock hundreds of millions, if not billions of pounds of investment into our economy. I look forward to hearing about the Minister’s plans and ambitions, which I hope will get us there.