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Energy is essential for crucial development in Africa. The current electricity shortages and load shedding in South Africa show that the country faces significant challenges in reaching positive economic growth. For industries to operate sustainably, an innovative mechanism must be tailored to solve the negative impacts of industrial energy use, particularly climate change. This study aims to show how renewable energy technologies can provide new economic opportunities, contribute to higher standards of living, and reduce the impacts of society on ecosystems, among other things. This paper presents a feasibility analysis and optimization of new energy technologies by designing and simulating a grid-connected PV system for sustainable development. PV Syst software (PV Syst 6.8.8) was used to simulate and optimize the PV system. The software was employed to design and model the PV systems, calculating energy production, economic performance, and environmental impact. Using simulation data, the researchers compared PV system performance across three scenarios and identified the optimal system. Scenario A was chosen as the best system, with an energy production of 1720 MWh/year. Overall, the findings of this study suggest that grid-connected PV systems are a feasible and sustainable option for meeting South Africa's energy needs. By implementing the results and recommendations, the government, investors, and community can work together to develop and deploy a successful PV system that will benefit all. [ABSTRACT FROM AUTHOR]

The impact of the COVID-19 pandemic on the economy and society has gained the interest of academics and policymakers in recent years. Our paper aims to investigate and systemize the evidence from 1901 publications belonging to the top 1% of worldwide topics by prominence. This paper helps estimate a pandemic's short-run and longer-run effects on energy economics and environmental pollution. By systematizing the literature, we analyze key parameters influencing the deviation of previous worldwide economic and environmental development trajectories due to the COVID-19 pandemic. This paper examines research on the consequences of COVID-19 in five dimensions, particularly the impact of COVID-19 on (1) the environment and climate change, (2) sustainable development, (3) renewable energy and energy policy, and (4) methodology for forecasting and evaluating the energy sector and economic sectors. Our results indicate that the pandemic crisis's impact on achieving sustainable development goals in the context of energy change and pollution is controversial and complex. On the one hand, scientists are unequivocal about the positive impact of the COVID-19 pandemic on improving air quality and reducing CO2 emissions. Nevertheless, the long-term effects are threatened by gaps between countries in economic prosperity and different vaccination rates. Most studies have found that only a joint social effort and international collaboration can move to a clean energy system. In addition, using the Scopus database and modern tools of machine analysis, we determine leading authors in the subject area of "renewable energy, sustainability, and the environment", as well as the top networks and scientific communities that appear within energy. The analysis of this manuscript can be helpful to policymakers and stakeholders in developing comprehensive energy efficiency programs and energy-saving strategies to achieve SDG targets. [ABSTRACT FROM AUTHOR]

According to Thomson Reuters DataStream database, 22,458 merger and acquisition (M&A) transactions with a deal value exceeding 7016 billion Euros have occurred in the energy worldwide sector during 1995–2020. International M&A enable promotion of sustainable competitive advantages, accelerates industry developments and helps to promote sustainable social and economic development. Our research aims to systemize empirical studies, which would enable assessment of the relationship between M&A transactions and the principles of sustainable development in the energy sector. To do so, SALSA (search, appraisal, synthesis and analysis) methodology with additional snowballing technique (chain-referral sampling) is conducted. The current research contributes to existing knowledge by providing an extensive systematic literature review of the academic publications on sustainable development and M&A deals. This paper may be insightful for practitioners and scholars because it highlights the most relevant lines of research on the topic and provides a synthesis of the interdisciplinary literature. Practical contributions of this paper come from its synthesis of interconnections between sustainable development and M&A deals in the energy sector, because sustainability matters may be reflected during different M&A processes: target selection, deal due diligence, deal valuation and post-acquisition integration. [ABSTRACT FROM AUTHOR]

China agricultural development has been facing the problem of resource constraints because its resources per capita such as land and energy are relatively lower than the global average. By applying the provincial agricultural panel data from 2000 to 2015 and fixed effect model based on the translog production function, this paper estimates both output elasticities and substitution elasticities of agricultural inputs, which may provide insights into sustainable agricultural development. The results show that, except for capital, the output elasticities of other production factors are all positive. Energy has always played an important role in agricultural production, whose elasticity in agriculture increased from 0.0203 in 2000 to 0.1694 in 2015. We also find a severe scarcity of land, and the high intensity of energy in the field of agriculture. Moreover, there exists a substitute relationship between all factors, which means that in the short term, one production factor can be employed to replace another to maintain agricultural development. From the empirical results of this paper, some policy suggestions are proposed as follows: it is crucial that more attention should be placed on land and to plan energy use wisely. In addition, on account of the current situation in China, the input of labor force should be stepped up and energy should be used more efficiently to make up for the shortage of land resources. The empirical results and policy suggestions in this paper may benefit the sustainable development of China's agricultural economy. [ABSTRACT FROM AUTHOR]

Morocco has resolutely committed to the green transition of its economy by opting for industry decarbonation, which now imposes itself as an essential access criterion to foreign markets. Intending to include energy efficiency in the leading players in energy-intensive industries, this paper has the main objective of contributing to a better understanding of the decarbonation plans potential impact, taking the example of solar energy integrating opportunities as an action for a thrifty, sustainable, and low carbon Moroccan industry. Indeed, the paper focuses on the industrial textile sector, such as the energy-intensive industry. This sector is the first employer and the most important industrial activity; it is also an icon and the oldest industry in Morocco. This study examines the energy, economic and environmental fallout, evaluating the productions, the investment and the CO2 emissions limit. Besides, the energy industrial sector is characterized by a strong dependence on fossil imports, which increases the energy factor and price. In this regard, several geographical sites and factories were studied under six climatic regional conditions, proposing the most optimal and sustainable configurations for each location and present models with scopes and levels of energy and environment gains and investments that can inspire the sector actors. Then the present work must install concepts by inspiring local factories, accompanying the national vision, and resizing the industrial ecology. In this paper, a power of 8.88 MW is the total power installed, which provides an annual total of 8484.65 tonnes of CO2, with an average payback time between 2.6 years and 4.5 years, and attractive economic parameters, with an LCOE of 0.034 $/kWh and $181,863 for the NPC, those outputs shows the importance of environmental gains that the generalization of this strategic vision can achieve. [ABSTRACT FROM AUTHOR]

The aim of the paper is to analyze how regulatory design and its framework's topics, other than macroeconomic factors, might impact green innovation by taking into consideration a brand-new renewable source of energy that is becoming more and more important in recent years: hydrogen and fuel cell patenting activities. Such activities have been used as a proxy for green technological change in a panel data of 52 countries over a 6-year period. A series of sectorial, energy regulation, and macroeconomic variables were tested to assess their impact on that technological frontier of green energy transition policy. As might have been expected, the empirical analysis carried out with the model that was prefigured confirms significant evidence of lock-in effects on fossil fuel policies. The model confirms, however, another evidence: countries already investing in renewables might be willing to invest in hydrogen projects. A sort of reinforcement to the further development of green sustainable strategies seems to derive from having already concretely undertaken this direction. Future research should exploit different approaches to the research question and address the econometric criticalities mentioned in the paper, along with exploiting results of the paper with further investigations. [ABSTRACT FROM AUTHOR]

The Sixth Assessment Report of Inter-Governmental Panel on Climate Change (IPCC) has highlighted the urgency of accelerated climate actions harnessing synergies and minimizing trade-offs with various SDG. This calls for a clear understanding of linkages between climate goals and other SDGs at national level for formulating synergistic policies and strategies and developing different sectoral programs and coherent cross-sectoral policies. This is even more important for least developed countries such as Nepal where these linkages are less understood and development challenges are multifaceted. In this context, this paper aims to evaluate potential synergies and trade-offs among selected SDGs and their associated targets in Nepal in a linear pairwise comparison. Synergies and trade-offs related to climate action (SDG 13), access to energy (SDG 7), sustainable consumption and production (SDG 12), and life on land (SDG 15) have been evaluated using historical data for the period from 1990 to 2018 employing a mixed methods approach. Network analysis to map the conceptual linkages between the SDGs and their targets was combined with the advance sustainability analysis (ASA) to quantitatively evaluate the synergy and trade-offs between SDGs. The results illustrate the presences of a continual trade-off between emission reductions targets of SDG 13 with per capita energy consumption and share of renewable energy of SDG 7, land use for agricultural production target of SDG 12, and forest area target of SDG 15. This indicates that climate action is strongly interlinked with GHG emissions from economic activities and energy consumption. The results of the study represent a valuable input for the policy makers, supporting coherent and sustainable development planning as Nepal plans to graduate to a middle-income country. [ABSTRACT FROM AUTHOR]

The world has experienced increased impacts of anthropogenic global warming due to increased emissions of greenhouse gases (GHGs), which include carbon dioxide (CO2). Anthropogenic activities that contribute to CO2 emissions include deforestation, usage of fertilizers, and activities related to mining and energy production. The main objective of this paper was to assess the impacts of agriculture and energy production on CO2 emissions in Zambia. This research used econometric analysis, specifically the Autoregressive-Distributed Lag (ARDL) Bounds Test, to analyze the relationship between CO2 emissions and GDP, electricity consumption, agricultural production, and industry value added. The results showed the presence of cointegration, where the variables of CO2 emissions, GDP, electricity, and agriculture converge to a long-run equilibrium at the rate of 74%. Further, there was a short-run causality towards CO2 emissions running from agriculture and the consumption of energy as indicated by the Wald test. This is the first study of its kind that empirically shows the impact of agricultural activities and energy consumption on the Zambian environment through their contribution to CO2 emissions at a macro (country) level. This paper also presents recommendations that are pertinent to mitigate these effects. To deescalate environmental degradation, we propose increasing the number of access points for multiple renewable energy sources across the country; discouraging deforestation, the usage of conventional fertilizers, and the burning of vegetation for fertilizers; encouraging afforestation and reforestation, in addition to providing subsidies, training, and financial support to farmers and entrepreneurs who decide to use environmentally friendly agricultural methods and renewable energy. This research highlights the serious impacts of anthropogenic activities on CO2 emissions. The study was intended to assist Zambian policymakers in formulating and implementing environmentally friendly policy measures or systems that will contribute towards environmental protection commitments and sustainable economic development. [ABSTRACT FROM AUTHOR]

The main part of mankind's ecological footprint is the carbon footprint, a measure of the environmental impact of humanity's energy release from fossil fuels. The use of fossil fuels will have to change in the forthcoming decades to a largely climate-neutral use of solar energy enabled by dramatic cost reductions for PV and wind energy systems. The impact of this trend on world society has been discussed in a previous paper. In connection with these important technical developments, the role of electricity, its transport and storage will alter in the coming decades, allowing the design and use of larger and larger electricity grids and a parallel use of hydrogen for both storage and energy transport. This will further change the energy landscape of the world. All these developments and their relationship to global sustainable development are elaborated in this cross-disciplinary paper by specifically analyzing whether the Sustainable Development Goals by the United Nations are an effective road map for humanity to handle global climate change risks. [ABSTRACT FROM AUTHOR]

According to the forecasts made by IEA, BP, and Total in early 2021, the demand for hydrocarbons will continue for decades, and their share in the global energy balance will remain significant. Russia, as a key player in the energy market, is interested in maintaining and increasing hydrocarbon production, so further exploitation of the Arctic energy resources is an urgent issue. A large number of onshore oil and gas projects have been successfully implemented in the Arctic since the 1930s, while recently, special attention has been paid to the offshore energy resources and implementation of natural gas liquefaction projects. However, the implementation of oil and gas projects in the Arctic is characterized by a negative impact on the environment, which leads to a violation of the ecological balance in the Arctic, and affects the stability of its ecosystem, which is one of the most vulnerable ecosystems on the planet. The main goal of the present study is to understand how the implementation of oil and gas projects in the Arctic affects the ecosystem, to assess the significance of this process, and to find out what the state and business could do to minimize it. In the article, the authors analyze energy trends, provide brief information about important oil and gas projects being implemented in the Arctic region of Russia, and investigate the challenges of the oil and gas projects' development and its negative impacts on the Arctic environment. The main contributions of this paper are the identification of all possible environmental risks and processes accompanying oil and gas production, and its qualitative analysis and recommendations for the state and business to reduce the negative impact of oil and gas projects on the Arctic ecosystem. The research methodology includes desk studies, risk management tools (such as risk analysis, registers, and maps), brainstorming, the expert method, systematization, comparative analysis, generalization, and grouping. [ABSTRACT FROM AUTHOR]

The purpose of this paper is a multidimensional assessment of the diversification of economic development in EU countries in the context of the progress in the implementation of the concept of sustainable development in 2014 and 2019. The issues discussed in this article are topical and important, given that the spatial disparity of economic development in the EU has never been so pronounced as it is today. While there is a wealth of studies on economic development in the literature, research on the comprehensive approach to this problem in the relation of sustainable development appears to be rather scarce. The article emphasizes the role of energy in economic growth. Authors used taxonomic measures. They were constructed on the basis of selected methods of multidimensional comparative analysis. By using the Hellwig method and the TOPSIS method, taxonomic measures were constructed, and linear ordering of the EU countries was carried out. In addition, using the so-called threshold method, the clustering of EU countries was carried out. The analysis involved 27 EU countries. The conducted research revealed significant disproportions between the respective EU countries in terms of the level of economic development in the relation of implementing the concept of sustainable development. It seems justified to take action aimed at eliminating the differences between the countries in the analyzed aspect. It is necessary both to intensify efforts at the level of individual Member States and the EU, oriented towards pro-development activities. [ABSTRACT FROM AUTHOR]