An outlook of the future of renewable energy from Europe

Within the Storage, Renewable and Electric Vehicles Integration Forum – Second Edition, Benjamín Reynal, Director of Operational Coordination for the Northern Hemisphere at 360Energy, participated in the panel “Analysts’ Roundtable: What is the current state of renewables and where is the market heading?”, alongside prominent figures in the energy sector, such as Emilio Blanco (Solida Energías Renovables), Inés Monroy (Licencia Social Energía), David Pérez (Agere), and Antonio Delgado Rigal (AleaSoft).

👉You can watch the whole interview by clicking here: Storage, Renewable and Electric Vehicles Integration Forum - Second Edition

During the conversation, Reynal shared his vision of the present and future of the sector in Spain and the region, in a context he described as “complex, but full of opportunities.” In this regard, he highlighted that, although the challenges related to grid integration, the saturation of existing infrastructure, and low-price pressures are real, so too is the growth potential that renewable energy still has in Europe: “They still represent a small share of the energy mix, so there is much to be done.”

“In 2025, storage will be an essential component for renewable projects to be viable and sustainable over time.”— Benjamín Reynal

One of the central points of the debate was the projection for 2025, a year in which, according to Reynal, storage will play a fundamental role in new energy developments. “The market is becoming increasingly competitive and complex, and storage will be an essential component for projects to be viable and sustainable over time.”

When asked about the advantages and disadvantages of the European market, especially in Spain and Italy, he highlighted that access to financing and construction technology is much smoother than in markets like Argentina, thanks to the regulatory and macroeconomic support of the European bloc. However, he also pointed out some challenges: “It is a very mature and competitive market, which puts downward pressure on prices and makes it difficult for project accounts to balance. In addition, there is a clear shortage of qualified professionals to keep up with the projected construction pace in the region.”

Finally, Reynal shared 360Energy’s vision regarding the hybridization of plants — combining solar energy with wind and storage — as one of the strategic paths for the future. At this point, he emphasized the boost represented by the alliance with the automotive group Stellantis, 360E’s new partner, whose goal is to achieve energy autonomy at its plants globally. “Hybridization not only allows for improved energy security and optimized resources, but also provides a solution to network saturation, an increasingly visible problem in many countries. We have extensive experience with this model: we were pioneers in Argentina with a hybrid system using batteries connected to the transmission grid, and we are transferring this know-how to our international projects.”

"The experience gained in Argentina with hybrid projects is already being applied in Europe, where energy autonomy and grid saturation are priority challenges."— Benjamín Reynal

A participação nesse tipo de fórum não apenas posiciona a 360Energy como um ator-chave na conversa global sobre energias renováveis, mas também reafirma nosso compromisso com o desenvolvimento de soluções energéticas integradas, sustentáveis e em escala internacional.