Mergers and acquisitions (M&A) may serve as a catalyst in energy transition by accelerating this trend and “greenwashing” the deals. M&A are often used by large energy companies as a tool to explore potential synergy benefits. Recently, M&A strategies in the energy industry have been pursued to transform traditional business models into more “sustainable” models. On the one hand, it may be observed that companies are taking a proactive rather than reactive approach towards environmental-, social-, and governance (ESG)-related M&A deals. On the other hand, sustainable M&A deals do not interest activist shareholders and regulatory authorities only anymore. Inclusion of a sustainability framework and managing ESG-related risks have become part of the overall strategy of most companies within the energy industry. This research addresses the problem of how energy M&A are contributing to sustainable development on the one hand and reflecting sustainable developments on the other hand. The cu... [more]

An e-bike sharing system (e-BSS) solves many of the shortcomings of BSS but requires high financial investments compared to BSS. This article proposes a sustainable and targeted extension of the existing BSS with e-bikes and charging piles. The existing BSS in the selected city area is divided into sub-areas using the Voronoi diagram and reference points (landmarks). Then, the integrated approach of the Analytic Hierarchy Process (AHP) and Data Envelopment Analysis (DEA) is used to assess the adequacy of the existing bike-sharing stations for updating with e-bikes and charging piles. The joint approach allows decision-makers to look at the whole process and highlight the link between the criteria assessment and user preferences in the context of the chosen reference point. This can encourage future users to use e-BSSs. Based on a thorough literature review, the defined system of criteria takes into account all dimensions of sustainability: the requirements of most stakeholders and the... [more]

The emergence of new transformational technology, known as the fourth industrial revolution, has crucially opened a new window to green economic growth. The transition to low carbon, green economy, and green sustainability has gained momentum simultaneously in developed and developing countries. The greening policy echoes the pending climate change and its entrenching disruptions. Financial technology, or FinTech seems to be a promising direction in unlocking the green dilemma; to be concrete, FinTech and the green economy are separately documented in the literature. Against this background, the current study investigates the intersection between green economic growth and FinTech by conducting a systematic-cum-bibliometric analysis of published papers in the Scopus database with the goal of first examining the role and opportunities of implementing green FinTech as a stimulus for transition towards green economic growth in African countries and, second, identifying knowledge gaps and f... [more]

Among the many potential future energy sources, hydrogen stands out as particularly promising. Because it is a green and renewable chemical process, water electrolysis has earned much interest among the different hydrogen production techniques. Seawater is the most abundant source of water and the ideal and cheapest electrolyte. The first part of this review includes the description of the general theoretical concepts: chemical, physical, and electrochemical, that stands on the basis of water electrolysis. Due to the rapid development of new electrode materials and cell technology, research has focused on specific seawater electrolysis parameters: the cathodic evolution of hydrogen; the concurrent anodic evolution of oxygen and chlorine; specific seawater catalyst electrodes; and analytical methods to describe their catalytic activity and seawater electrolyzer efficiency. Once the specific objectives of seawater electrolysis have been established through the design and energy performan... [more]

There have been consequences regarding the increment of the greenhouse effect, such as the rise in the planet’s global temperature, and climate change. Refrigerants have an important contribution to the aforementioned environmental impact. In particular, hydrofluorocarbons (HFCs) contribute to the destruction of the ozone layer and the increase of the greenhouse effect. Protocols, international agreements, and legislation were developed to slow down the emission of greenhouse gases. Prohibition and definition of deadlines for the gradual elimination of various refrigerants have been proposed to replace them with others that are environmentally sustainable. Soon, the refrigeration sector will have to replace some refrigerants with others that are alternative and/or sustainable with minimal or zero environmental impact. A computational tool to support decision-making regarding the selection of alternative and/or sustainable refrigerant to replace the old one is developed to be used by re... [more]

Supercritical geothermal resources are in the preliminary exploration stage as a new type of clean energy and there are no practical utilization projects. The IDDP-2 well at Reykjanes geothermal field in Iceland encountered supercritical geothermal conditions in 2017, with a maximum temperature of 535 °C. The system is still in the field experiment stage and no exploitation work has been carried out. Hence, a hypothetical doublet geothermal system was simulated based on IDDP-2 to study the power generation potential and favorable operating conditions for future development of supercritical geothermal resources. A multiphase flow model is established to predict the fluid and heat flow characteristics. Furthermore, sensitivity and economic analyses were performed to evaluate the expected commercial and environmental benefits of the supercritical geothermal system. The results show that the system’s evolution could be briefly divided into three stages according to the temperature variatio... [more]

The reuse of lignocellulosic biomaterials as a source of clean energy has been explored in recent years due to the large amount of waste that involves human activities, such as those related to agriculture and food. The anaerobic digestion (AD) of plant-based biomass for bioenergy production poses a series of challenges that new technologies are attempting to solve. An improved decomposition of recalcitrant lignocellulose together with an increase in biogas production yield are the main objectives of these new approaches, which also seek the added value of being environmentally friendly. Recent research has reported significant progress in this regard, offering promising outcomes on the degradation of lignocellulose and its subsequent transformation into biomethane by specialized anaerobic microorganisms, overcoming the drawbacks inherent to the process and improving the yield of methane production. The future of the agri−food industry seems to be heading towards the implementation of... [more]

This study quantitively estimates the energy and environmental impacts of China’s promotion of battery electric vehicles (BEVs) in the context of banning the sale of gasoline vehicles (GVs). Combining the population ecological growth model and the life cycle assessment method, the potential of BEVs promotion in reducing fossil energy (FE) consumption and greenhouse gas (GHG) emissions under different timings of banning GV sales was dynamically simulated and analyzed. The results show that the current life cycle FE consumption and GHG emissions of BEVs are approximately 40.1% and 26.6% lower than those of GVs, respectively. Based on the development of automobile technology and the national energy plan, replacing GVs with BEVs can reduce GHG emissions and FE consumption by up to 43.61−55.81% and 46.33−55.45%, respectively. Compared with the scenario without BEV promotion, if sales of GVs in China are banned between 2040 and 2060, the point at which the carbon peak of the automobile marke... [more]

Unsustainable use of electricity has severe implications on the environment and human well-being. With an estimated consumption of about 20% of total global electricity demand, the household sector is a key player in efforts for crafting interventions for reducing electricity consumption. Despite increasing calls for behavioural solutions to electricity conservation at the household level, more attention has been paid to technical than behavioural interventions. Yet a deeper understanding of electricity use behaviour is needed to design interventions and engender integration of behavioural interventions into demand-side management and decision making. Although South Africa is energy insecure and a major greenhouse gas emitter, less attention has been paid to household electricity use using behavioural lenses. Using a scoping review approach, this study inductively reviewed publications to examine the state of research on household electricity use in South Africa, focussing on (1) resea... [more]

Energy is the driver of the socioeconomic growth and development of a country. In the pursuit of available and affordable sources of energy, nations around the world have forgotten the sustainability angle and are facing an energy crisis. The developing world has initiated development plans in an unsustainable way, causing a demand−supply gap and leading to very high energy prices. Renewable energy gives us a solution to this circular crisis. The recent world has seen significant investment in renewables, particularly in the wind energy sector. The investment was initiated as a government spending program, but is now taken up by the private sector. The current study presents a thorough analysis of the prospects for wind energy and the means and measures required to fully capacitate the sector in Pakistan. In Pakistan’s three largest provinces, there is tremendous potential for wind energy, which requires proper utilization and exploration for sustained socioeconomic development. This s... [more]

Energy accessibility, reliability and availability are key components of improved quality of life and human development in all spheres. As the United Nations’ SDG 7 calls for access to electricity for all by 2030, Africa still has a wide gap to fill as the statistics show that 85% of the population that will not have access to electricity is in Africa. As the world tries to wean itself off non-renewable energy and transition to green through use of renewable energy sources, hydropower energy remains at the heart of Africa for this venture. With majority of the rural population in Africa lacking electricity, there is need for a low-tech system that utilizes river flow to generate just enough energy for normal operation in these regions. Micro-hydrokinetic river turbine technology (µ-HRT), which offers less intermittency, can potentially contribute to sustainably electrifying Africa rural areas. The technology has been adopted by few countries worldwide, with limited comprehensive study... [more]

The purpose of the paper is to analyse the relationship between digitalisation of public services (e-government) and ESG factors (environmental, social and economic factors). As public administration is a major stakeholder influencing sustainable development and state governments are aiming to digitise their services, there is a need to better understand the effect of the digital revolution on ESG. This article aims to study the relationship between the E-Government Development Index (EGDI) and ESG factors in 26 European countries. The linear ordering method TOPSIS (Technique for Order Preference by Similarity to Ideal Solution) was used for the study, followed by the Perkal index and the method of optimal predictors’ selection—the Hellwig method. The study is based on the Eurostat data (in the period 2003−2020), and the analysis includes ten variables: Share of environmental taxes in GDP; Exposure to dust air pollution; Greenhouse gas emissions by source sector—carbon dioxide, methane... [more]

The crude glycerol produced as a byproduct of transesterification synthesis has very few applications because it comprises of significant amounts of methanol, catalyst, and soap. On the other hand, transesterifications of highly acidic oil in the presence of an alkaline catalyst are problematic due to the presence of high amounts of free fatty acids. In this study, the free fatty acid level of high acid oil, which was initially determined to be 19.25%, was decreased to permit the direct production of biodiesel via glycerolysis with pure glycerol, making direct transesterification feasible. Through a process of purification, crude glycerol was refined to 92.5% purity. It was revealed that the physiochemical parameters of density, moisture content, ash content, matter organic non-glycerol content, pH, and Na/K concentrations of generated purified glycerol are equal to those of commercially available glycerol. In contrast, glycerolysis treatment successfully decreased the free fatty acid... [more]

Sugarcane leaves and trash burning during harvesting, and vinasse management, are major challenges of the Thai sugarcane industry. Identification of the appropriate valorization pathways for both the biomass waste streams using the sugarcane biorefinery concept is necessary. This study aims to assess the environmental sustainability of five CE models, including (1) sugarcane trash for electricity, (2) sugarcane trash to biochar, (3) sugarcane trash as a soil conditioner, (4) vinasse as a bio-fertilizer, and (5) vinasse for power generation. Life cycle assessment has been conducted using the ReCiPE midpoint impact assessment method. The results revealed that all waste utilization scenarios can help reduce the environmental impacts compared to the base case. The utilization of sugarcane leaves and trash for electricity generation brings about the lowest environmental impacts due to the environmental credits from the substitution of Thai grid electricity. The utilization of sugarcane leav... [more]

Hydrogen is a promising commodity, a renewable secondary energy source, and feedstock alike, to meet greenhouse gas emissions targets and promote economic decarbonization. A common goal pursued by many countries, the hydrogen economy receives a blending of public and private capital. After European Green Deal, state members created national policies focused on green hydrogen. This paper presents a study of energy transition considering green hydrogen production to identify Portugal’s current state and prospects. The analysis uses energy generation data, hydrogen production aspects, CO2 emissions indicators and based costs. A comprehensive simulation estimates the total production of green hydrogen related to the ratio of renewable generation in two different scenarios. Then a comparison between EGP goals and Portugal’s transport and energy generation prospects is made. Portugal has an essential renewable energy matrix that supports green hydrogen production and allows for meeting Europ... [more]

Due to the increasing demand for electricity around the world, different technologies have been developed to ensure the sustainability of each and every process involved in its production, transmission, and consumption. In addition to ensuring energy sustainability, these technologies seek to improve some of the characteristics of power systems and, in doing so, make them efficient from a financial, technical, and environmental perspective. In particular, solar photovoltaic (PV) technology is one of the power generation technologies that has had the most influence and development in recent years due to its easy implementation and low maintenance costs. Additionally, since PV systems can be located close to the load, power losses during distribution and transmission can be significantly reduced. However, in order to maximize the financial, technical, and environmental variables involved in the operation of an electrical system, a PV power generation project must guarantee the proper loc... [more]

With the rising concern for environmental issues, there is an ever-increasing demand for sustainable actions to minimize the damage to ecosystems. Seeking to meet such a demand, energy companies worldwide embrace green marketing solutions. This article aims to provide a comprehensive and systematic overview of green marketing and its impact on customers’ purchasing behavior to develop a research agenda that helps to identify promising areas for future research. We conducted a systematic literature review to fill in the lack of conceptual clarity on the relationship between green marketing solutions and customers’ purchasing behavior. After compiling a candidate pool of 2604 papers and applying a set of inclusion and exclusion criteria, the final sample comprised 166 articles published between 1995 and 2022. The results demonstrate that scholars frequently chose the energy sector to research green marketing’s impact on purchasing behavior. The review indicates that the theory of planned... [more]

A framework for assessing, from a sustainability and circular bioeconomy point of view, the best valorization approach for biorefineries side-streams has been developed and validated. Two biorefinery side streams are considered as case-studies for validation: rapeseed meal from biodiesel and corn oil from bioethanol production. Firstly, a methodology to evaluate different valorization scenarios has been developed following a holistic approach that addresses technical aspects, environmental impact, and economic analysis. This way, a framework (inspired by the Battelle Method and using insights from Multicriteria Decision Analysis) has been produced where the sustainability potential of each scenario can be assessed. Such framework has been validated for five valorization scenarios for rapeseed meal and seven scenarios for corn oil. It can be concluded that protein extraction through alkaline (NaOH) hydrolysis is the best approach for rapeseed meal valorization while carotenoids recovery... [more]

University campuses represent a heterogeneous ecosystem as to social, economic, energetic, and personal travel planning with a huge impact on hosting cities and territories. Sustainable policies are thus fundamental to reduce this impact and to adopt ecological behaviors. The measures for any University Sustainability Plan should be evaluated in terms of GHG emissions, as well as the overall impact of the university itself. Carbon footprint (CF) calculation is a relevant Decision Support tool that allows university organizations to measure and communicate the environmental effects of their activities. The aim of this paper is to present a carbon footprint methodology specifically designed to calculate the carbon footprint of large universities. The methodology was applied to calculate the CF of the University of Bologna by following international standards—i.e., the GHG protocol, the ISO 14064, and the ISO/TR 14069 guide—to understand the environmental impact caused by greenhouse gas e... [more]

This review presents the latest research works detailing granulation processes and granulates, including and based on waste (bio and industrial) as a biofuel/energy source and the possible usage of granulates from and/or based on biochar. The innovative aspect is that the article focuses on the broadest possible environmental aspect understood in minimizing the burden related to the amount and composition of waste generated by various industries. The aim of the study is to demonstrate the processes as an effective method of waste management and also as energy sources. Based on various sources, a brief summary of why granulation is an important area of both scientific research and industrial applications is provided. The review also presents a summary of basic concepts and definitions in the topic of granulation—types of processes, apparatuses used, and examples of research results in the literature. The main part of the review is the analysis of the literature providing numerous exampl... [more]

Due to the impact of globalization, the competition between enterprises has become fierce and led the supply chains of many industries to be reorganized. One of the consequences is that the operation of many small and medium enterprises (SMs) had become very difficult. Hence, many of SMEs in Taiwan have gone bankrupt and some of them have moved to other places where they have lower production costs, in order to survive; this not only hollowed out the industries but also disconnected the supply chains in their mother countries. Because Taiwan’s SMEs are generally poor in innovation, this study explored the implementation of the theory of inventive problem-solving (TRIZ) with alignment of new product development (NPD) and supply chain management (SCM) to strengthen the innovation and productivity of new products, so that SMEs can refer to its use to aid sustainable business operation. We considered an SME in Taiwan as a case to study and investigate the strategies that it employed to ach... [more]

Industries have to integrate environmental, social, and economic aspects into their supply chain management to achieve sustainability. Hence, the industry needs to take appropriate actions in choosing the right suppliers. The aim of this study is to develop a framework for selecting sustainable suppliers by integrating quality management tools using the Kano model, Fuzzy Analytical Hierarchy Process, and Decision Matrix Method. To identify the critical sustainability criteria, the Kano model by the clustering the criteria for sustainable selection supplier was used. We then used the Fuzzy Analytical Hierarchy Process to determine the weight of each criterion and applied the Decision Matrix Method to select the most sustainable supplier. Afterward, the appropriate proposed framework was implemented in one of the palm oil industries in Indonesia to validate that the framework is applicable and useful. The study shows that the environmental dimension is the most sustainable supplier crite... [more]

Microbial fuel cell (MFC) technology has attracted a great amount of attention due to its potential for organic and inorganic waste treatment concomitant with power generation. It is thus seen as a clean energy alternative. Modifications and innovations have been conducted on standalone and hybrid/coupled MFC systems to improve the power output to meet the end goal, namely, commercialization and implementation into existing wastewater treatment plants. As the energy generated is inversely proportional to the size of the reactor, the stacking method has been proven to boost the power output from MFC. In recent years, stacked or scale-up MFCs have also been used as a power source to provide off-grid energy, as well as for in situ assessments. These scale-up studies, however, encountered various challenges, such as cell voltage reversal. This review paper explores recent scale-up studies, identifies trends and challenges, and provides a framework for current and future research.

The bio-functional properties of olive oil products and by-products rely greatly on the proportions and types of the endogenous phenolics that may favorably/unfavorably change during various processing conditions. The olive oil industrial activities typically produce (i) olive oils, the main/marketable products, and (ii) olive mill by-products. The mechanical processing of olive oil extraction is making progress in some areas. However, the challenges inherent in the existing system, taking into consideration, the susceptibilities of phenolics and their biosynthetic variations during processing, hamper efforts to ascertain an ideal approach. The proposed innovative means, such as inclusion of emerging technologies in extraction system, show potential for sustainable development of olive oil processing. Another crucial factor, together with the technological advancements of olive oil extraction, is the valorization of olive mill by-products that are presently underused while having great... [more]

With the increase in industrialization and urbanization, water pollution has become increasingly serious, and wastewater treatment has become a common step in preventing this. For a greater understanding of the sustainability of different wastewater treatment systems, two processes, Anaerobic Baffled Reactor + Anaerobic-Anoxic-Oxic and Anaerobic Baffled Reactor + Cyclic Activated Sludge System, were selected, and their sustainability was evaluated based on three indicators, namely emergy yield ratio, environmental load rate, and emergy sustainability development index, according to emergy theory. The results show that the emergy yield ratio and environmental load rate of the ABR + CASS process were lower than those of the ABR + A2/O process, and the emergy sustainability development index of the ABR + CASS process was higher than that of the ABR + A2/O process, showing better sustainability. The research methods and findings of this study play an important role for decision makers in s... [more]