Episode

Power under pressure: Can energy security, affordability and net zero still move together? | From Climate Week NYC

Podcast
Energy Gang
Published
Sep 23, 2026
Duration seconds
1880
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Summary

A fresh shock to global energy markets has pushed an old question back to the center of the climate debate: When supplies tighten and prices rise, do governments double down on the transition, or reach for the fastest fossil fix? From the Strait of Hormuz to rising demand for cooling, the pressure is no longer just about fuel availability. It is about whether power systems can stay secure and affordable while demand keeps climbing and decarbonisation deadlines get closer. In this special Climate Week NYC episode, host Ed Crooks is joined by Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All, Kayte O’Neill, chief executive of the UK’s National Energy System Operator (NESO), and David Calabrese, Executive Vice President at Daikin US Corporation. Together, they test whether efficiency, electrification and long-term system planning can offer a credible response to a crisis that is global, political and increasingly shaped by both AI and air-conditioning demand. Damilola argues that the discussion cannot be reduced to a rich-world debate about prices and reliability. Nearly 600 million people still lack access to electricity, and 2.4 billion do not have access to clean cooking. In that context, the real risk is not simply a temporary return to fossil fuels in advanced economies, but a much larger lock-in of diesel and petrol generation across emerging markets. Her case is that energy access and energy transition have to move together, supported by integrated national plans, targeted finance and more support for clean distributed systems such as solar, storage and inverters. Kayte makes the case that decarbonisation and system reliability are not competing goals if the grid is planned properly. She points to the UK’s…