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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]

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]