Renewable Technology: The Future of the Global Economy

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Renewable technology: the future of the global economy

Amidst the pressing need to find and implement new alternatives to renewable energy, countries with the most stable economies are focusing on acquiring it. Spain is a case in point. According to Natalia Fabra, a professor and expert in the field, she does not doubt that in the future, the success of an economy will be closely linked to sustainable development.

For over six years, Spain has significantly invested in these renewable sources, which has helped the economy forge ahead and aspire to become leaders in this production. Unfortunately, the Spanish government has hindered this progress due to a recent moratorium on the sector.

Renewable energy

Fabra emphasizes the importance of supporting renewable energies, arguing that all these implementations require continuity to achieve the expected results. It would be as if they had never started if they were to be halted. Spain’s interest in becoming a world leader in this field stems from its energy dependence, with 90% coming from abroad.

According to Fabra, the problem lies in governments’ fear of investing and attracting such investment, even though they are aware that the future of their economy depends on it. She recommends delving into international markets so that local companies can compete globally. Everything starts from there, but it also depends on the laws that regulate the entire environment, how taxes are used, and the price of services for implementing this type of energy locally.

This story was originally written in Spanish in Ecoosfera.

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