Interview with Alejandro Micó, energy expert and founder of Sunalizer, on how the Covid-19 crisis has affected the energy sector and how it will change the market forever.
Alejandro Micó is an industrial engineer specialising in Energy Technology and a student of the first editions of Akademia at the Polytechnic University of Valencia. After an intense professional career in the world of energy, Alejandro has founded his own company: Sunalizer, a startup that is dedicated to digitizing solar energy production structures.
In this interview, we asked him about the relationship between the economy and energy and how the crisis caused by Covid-19 is changing this sector. The Covid-19 crisis has caused an economic slowdown that has reduced energy consumption, and therefore there has been a significant energy stock that has caused energy prices to fall drastically.
An example of this is that the fall in oil consumption has meant that oil producers (who cannot stop their activity) have had to reinvent the way they store it, and have been forced to lower prices.
For Alejandro, this situation is an opportunity to seek solutions on other forms of energy creation such as renewables, and, in his opinion, this crisis will create a geopolitical reaction that will cause economic and political incentives to reactivate the energy market. For example, the European Union has implemented The European Green Deal with the aim of reducing CO2 emissions, although it also invites countries to become self-sustainable in energy creation.
In relation to energy, Spain is in a very good situation because we are rich in renewable resources (both sun and wind), and by joining them, a high percentage of renewable energy generation is created. If more is invested in this type of energy, perhaps we will not only be able to be self-sufficient, but also create more energy than we need and be able to export the surplus.
As Alejandro says: “It may seem like a long-term utopia, but I think we will see it.”
