023 - Energy without apologies [audio]

Peter O'Kelly, CEO of Costec Systems, discussed the reality of the electricity mix, asserting that coal and fossil fuels remain essential for global reliability and affordability in the absence of proven alternatives.

He argued that policies accelerating coal phase-outs without scalable solutions are irresponsible, noting that reliance on intermittent sources forces existing thermal plants into uneconomic, unreliable operation.

O'Kelly concluded that decisions regarding the energy trilemma (Reliability, Sustainability, Cost) must prioritize technical expertise and paramount reliability