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The Sustainable Development Goal (SDG) that emphasizes sustainable and affordable energy presents a practical pathway to achieve sustainable growth. Moreover, this goal aligns with SDG 13, which focuses on climate action. Nonetheless, it is important to consider factors such as political and financial risk, as they can influence climate action efforts and the renewable energy sources adoption. Hence, this study broadens the conversation surrounding CO 2 emission reduction and the achievement of Sustainable Development Goals (SDGs). It accomplishes this by investigating the interplay between renewable energy, political risk, financial risk, and CO 2 emissions in Finland spanning from 1990/Q1 to 2021/Q4. Notably, this research distinguishes itself through its exploration of these complex connections, employing a wavelet-based quantile methodology. Unlike traditional quantile regression, which can only reveal connections between variables within each quantile, the wavelet-based quantile approach enables the simultaneous capture of correlations across quantiles and periods. The results show that in the long-term and across all quantiles (0.01–0.99), energy efficiency, specifically gas and oil efficiency, lessens CO 2. In addition, low financial and political risks improve ecological quality by lessening CO 2 across all periods and quantiles (0.01–0.99). The paper outcomes serve as a basis for formulating a policy framework aimed at achieving SDG 7 and SDG 13 in Finland. • We explore the impact of energy efficiency and country risk on CO 2 emissions. • The role of renewable energy and economic growth are also analyzed. • The Time series data of the Finland is used from 1990/Q1 to 2020/Q4. • Various wavelet-based quantile correlation is applied. • Renewable energy, oil and gas efficiency decrease CO 2 emissions in each quantile and across periods. [ABSTRACT FROM AUTHOR]

Policies targeting energy efficiency and renewable energy are sometimes viewed as more politically feasible than carbon pricing in pursuit of emission reduction goals. This paper assesses underlying drivers of energy policy development. These factors include economic, social, environmental, and institutional variables. The between estimator for panel data is an appropriate method for our focus on some exogenous variables that vary more across countries than over time. We find that larger oil reserves per capita have a negative relationship with renewable energy policy development. Education and political globalisation have strong positive relationships with both energy-efficiency and renewable-energy policy development. These results suggest that greater participation in global political groups can be an indirect approach toward energy policy development, in cases where direct and immediate policies are hard to implement. OECD countries have higher policy scores by 33 and 25 points in energy efficiency and renewable energy respectively. Blinder-Oaxaca decomposition analysis shows that these higher scores are primarily due to social and political institution predictors rather than economics and physical endowments. • Large-n cross country international sample on continuous policy score measurement. • Political globalisation is positively linked with renewables and energy efficiency policies. • Education is positively linked to energy policy development, especially for efficiency. • Higher OECD countries' policy scores are primarily due to social and political predictors. • Higher incomes are unlikely to lead to automatic improvements in energy policies. [ABSTRACT FROM AUTHOR]

The increasing energy demand in harbour areas, coupled with the need to reduce pollutant emissions, has led to the development of renewable energy-based polygeneration systems to face the carbon footprint of ports and ships at berth. In this way, in the coming years, ports can be converted into modern energy hubs. From this point of view, this paper presents a new dynamic simulation model for assessing and optimizing the energy and economic impact of ports. Here, energy systems and renewable sources can be designed to be connected to national electricity and natural gas grids and can include also alternative fuels (hydrogen, biomethane, etc.) and thermal energy networks, as well as different biomass fluxes (to be exploited for energy aims). Energy availability/demands of near towns and port buildings/infrastructures, as well as on-shore power supply are also included in the dynamic assessments. Hourly weather data and different prices for all the considered energy carriers are taken into account hour by hour. A multi-objective optimization approach is also implemented in the model considering energy and economic indexes to be optimized. The whole model is implemented in a computer tool written in MATLAB. For showing the capability of the developed model, a novel case study referred to the port of Naples (South-Italy) is presented. Here, several renewable energy sources are considered, including an anaerobic biodigester for producing biogas from the organic waste of docked cruise ships. A combined heat and power system (fed by biogas) is implemented in the port energy hub also for supplying absorption chillers. PV panels, and marine power generators are also included. In the conducted analysis, optimization targets are the maximization of system self-consumption and self-sufficiency as well as the minimum simple payback period. The proposed system can effectively contribute to the decarbonization of the port energy demand and reduce harmful pollutant emissions. Results showed that very high rate of renewable energy produced on-site can be exploited (up to 84%) by the considered port facilities, ensuring increasing independency from utility power grid (self-sufficiency index up to 40%). By the obtained results and through the developed simulation/optimization tool, novel design and operating criteria can be achieved for future port energy hubs featured by renewables and bi-directional energy exchange between ships and port. [ABSTRACT FROM AUTHOR]

The increasing global consumption of energy and its negative impacts on the environment has been an issue discussed both by academics and practitioners, including in the health sector. Hospitals are major consumers of energy, which leads to increased operating costs, decreased competitiveness, and negative environmental impacts. Energy management in hospitals must be understood as a way to contribute to environmental sustainability and as a way to improve competitiveness. Therefore, the objective of this paper is to propose guidelines for efficient and sustainable energy management in hospitals, developed based on the literature review, the challenges faced and the good practices of sustainable energy management in the hospitals studied, the cross analysis of the case studies, and the authors' expertise. As a result, the eight proposed guidelines are related to culture change, energy consumption management, energy management standard, purchase of renewable energy, green technologies, sustainable hospital buildings, social responsibility programs focused on energy use, and sustainable energy public policies. These guidelines contribute in an applied/managerial way to help managers of public and private hospitals overcome the challenges of energy management and contribute to UN's SDG7 due to its potential to improve energy efficiency and environmental performance, therefore, being a movement towards clean energy. This study also theoretically/scientifically contributes to the academic debate since the empirical findings found in the hospitals studied and the proposition of guidelines deepen and expand the key elements identified in the literature on efficient energy management in hospitals, providing the basis for developing new research on the subject. Energy management in hospitals is discussed from the perspective of sustainability. Challenges need to be overcome for sustainability benefits to be achieved. This work can assist public and private hospitals in developing sustainability. Guidelines for sustainable energy management in hospitals are proposed. [ABSTRACT FROM AUTHOR]