Luis Crespo, chairman of Protermosolar, has been unanimously re-elected president of the European Association of the Solar Temoelectric Industry (ESTELA), in the general assembly of the association held in Brussels. Luis Crespo has been chosen for a new period of two years. At the general meeting of ESTELA, Luis Crespo highlighted in his acceptance speech, «the historic moment that concentrated solar thermal power plants are experiencing by currently offering their electricity in sunny countries at competitive prices with conventional technologies, such as cycles combined with natural gas, which shapes solar thermal as the renewable technology that will provide support for other renewable renewable technologies and will even supply a large part of the base load of electrical systems in the future «. Luis Crespo stressed as last year, «in a country like Dubai, with a solar resource somewhat inferior to the Spanish, solar thermal production was offered at 6 c € / kWh, and the most positive thing is that our technology still has an important path of cost reduction as its market grows and approaching the implementation figures of other technologies «. The product offered by solar thermal power plants, with their storage capacity, is very different from that of other flowing renewable technologies and contributes to the electrical systems a higher value than the cost difference with other technologies, which is being progressively understood and appreciated. by the energy managers of many countries. For the president of ESTELA, «all new future capacity will be renewable in most countries, so the incorporation of technologies that provide management to the system will be a necessity as conventional plants are being phased out.» Crespo concluded his speech by stating: «Today we can already affirm that a mostly renewable scenario, with an adequate mix of different technologies, is not only technically possible and cleaner than the current one, but even cheaper for consumers. A faster energy transition in our country, would provide an important lever for economic growth and employment. Protermosolar is the association that represents the Spanish sector of the concentrated solar power industry and is made up of 50 members. Solar thermal technology, in which Spain is an international leader, has recently entered the world of renewable energies with strength and currently has great growth potential due to its manageability and storage capacity, due to its high employment creation local and for its potential to reduce costs. The installed capacity in Spain is 2,300 MW and the contribution of Spanish companies in international markets is around 75%.