«There are still 5 or 6 years to see the real possibilities of green hydrogen»

by time news

The president of the Círculo de Empresarios Vascos responded to the questions raised by the economic correspondent of this newspaper, Manu Álvarez. / ignacio perez

Jesus L. Ortega

The concise statement made by José Galíndez was followed by a round of questions raised by some attendees, which were transferred to him by the economic correspondent of EL CORREO, Manu Alvarez. Matters mainly related to energy sources and some of the problems that Basque companies suffer from, such as the lack of entrepreneurial vocations or the relocation of important companies.

In the energy sphere, the president of the Circle of Basque Entrepreneurs considers that green hydrogen, on which great hopes are placed, “still has a few years left before it can be produced at a reasonable cost.” He spoke of “4, 5 or 6”, time of “maturation” to “see the real possibilities of this technology”. However, he recalled that the same thing happened to photovoltaic energy, of which he was precisely one of the pioneers in Spain.

Meanwhile, and “if the supply problem really becomes unbearable”, Galíndez advances that nuclear energy “will move to the top of our priorities”, although he observes three relevant problems: “The cost, safety and the waste it generates. Although the war in Ukraine ends sooner rather than later, “we will continue to need gas throughout this century,” he predicted. Almost sure”.

Regarding the implementation process of wind and photovoltaic, the founder of Solarpack criticized the slowness of the administrations. He also the problems of development of transport and distribution networks, whose “regulation is also quite slow.”

“There is a future”

Galíndez recognized the social rejection that wind and photovoltaic parks cause in certain sectors. “You are not the most popular when you say that it is important to have them,” he admitted, “but I think it is much better to see with our own eyes how clean energy is generated than not to imagine how dirty energy is produced.”

Determined to once again show his optimism, he emphatically affirmed that the Basque industry “has a future”. And this, despite the fact that the acquisitions of successful Basque companies by foreign companies “should concern and occupy us”. In his opinion, the most important thing is “to create very competitive companies and create the conditions for the Basque Country to be a magnificent place to have the decision-making centers of companies here, rather than whether they are ours or not.”

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