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Biomass is considered one of the most important options in the transition to a sustainable energy system with reduced greenhouse gas (GHG) emissions and increased security of enegry supply. In order to facilitate this transition with targeted policies and implementation strategies, it is of vital importance to understand the economic benefits, uncertainties and risks of this transition. This article presents a quantification of the economic impacts on value added, employment shares and the trade balance as well as required biomass and avoided primary energy and greenhouse gases related to large scale biomass deployment on a country level (the Netherlands) for different future scenarios to 2030. This is done by using the macro-economic computable general equilibrium (CGE) model LEITAP, capable of quantifying direct and indirect effects of a bio-based economy combined with a spread sheet tool to address underlying technological details. Although the combined approach has limitations, the results of the projections show that substitution of fossil energy carriers by biomass, could have positive economic effects, as well as reducing GHG emissions and fossil energy requirement. Key factors to achieve these targets are enhanced technological development and the import of sustainable biomass resources to the Netherlands. (C) 2013 Elsevier Ltd. All rights reserved.

Abstract In April 2012 Argentinean Government nationalized 51% of Repsol shares in YPF. Expropiation of YPF is a new step in a broad list of protectionist and interventionist decisions, such as the nationalization of Aerolineas Argentinas, nationalization of private pension plans, or the amendments of the Central Bank regulations to make the use of reserves more flexible. Institutions set the rules of the game for citizens and companies, allowing incentives and creating expectations. Nationalization of the above mentioned Argentinean companies has created legal uncertainty bringing a relevant increase in the risk premium as a result. Privatization of YPF and its later nationalization, together with the company shareholder composition, and resulting international disputes will be addressed in this article.

Treball Final de Grau en Finances i Comptabilitat. Codi: FC1049. Curs acadèmic: 2019/2020 In recent years there has been a rise in businesses investing in social and ethical issues. The sustainable development goals published in 2015 by the UN provide a globally agreed framework to make the world more sustainable. Companies have been given the opportunity to help the environment and society through their actions whilst increasing their value and return and improving their reputation. A method for doing so is by following the principles of responsible investment and incorporating environmental, social and governance criteria into long-term businesses strategies. Spanish banks are actively working to achieve the sustainable development goals by investing in sustainable finance, social projects, housing programmes, etc. to meet societal needs whilst extending their market scope and achieving corporate growth and financial success. The main focus of their actions lays with two specific goals: ending poverty and providing decent work and economic growth for all.

Artículos en revistas Este estudio analiza cómo las estrategias de responsabilidad social corporativa ambiental (ECSR) contribuyen a mejorar la innovación entre las pequeñas y medianas empresas (PYMES) mediante el desarrollo de recursos tecnológicos. Probamos nuestras hipótesis durante un período de ocho años utilizando un panel de 2.405 pymes industriales en España. Encontramos empíricamente que ECSR impulsa la construcción de los recursos tecnológicos de las empresas, lo que resulta en una mejora de su esfuerzo tecnológico o I + D y resultados en términos de innovación de productos y procesos. ECSR intensifica la innovación para empresas innovadoras y cataliza el inicio de la innovación para empresas que antes no innovaban, y los efectos resultantes se mantienen en el tiempo. Contribuimos a la literatura analizando los efectos de ECSR en la promoción de la innovación de las empresas más allá de la conocida influencia en la innovación verde. Además, examinamos el área de investigación descuidada de las estrategias ambientales de las PYME. Nuestros hallazgos fortalecen el valor innovador instrumental de ECSR, específicamente para las PYMES. This study analyzes how environmental corporate social responsibility (ECSR) strategies contribute to enhancing innovativeness among small and medium-sized enterprises (SMEs) by developing technological resources. We test our hypotheses over an eight-year period using a panel of 2,405 industrial SMEs in Spain. We empirically find that ECSR drives the building of firms’ technological resources, which results in an enhancement of their technological effort or R&D and outcomes in terms of product and process innovation. ECSR intensifies innovation for innovative firms and catalyzes the inception of innovation for previously non-innovating firms, and the resultant effects are sustained over time. We contribute to the literature by analyzing the effects of ECSR in promoting the innovation of firms beyond the well-known influence on green innovation. Further, we examine the neglected research area of the environmental strategies of SMEs. Our findings strengthen the instrumental innovative value of ECSR, specifically for SMEs. info:eu-repo/semantics/publishedVersion

This research proposes an innovative solar thermal plant able to generate mechanical power through an optimized system of heliostats with Scheffler-type solar receivers coupled with screw-type steam expanders. Scheffler receivers appear to perform better than parabolic trough collectors due to the high compactness of the focal receiver, which minimizes convective and radiative heat losses even at high vaporization temperatures. At the same time, steam screw expanders are volumetric machines that can be used to produce mechanical power with satisfactory efficiency also by admitting two-phase mixtures and with further advantages compared to steam turbines: low working fluid velocities, low operating pressures, and avoidance of overheating. This study establishes a mathematical model to assess the energetic advantages of the planned solar thermal power system by evaluating the solar-to-electricity efficiency for different off-design working conditions. For this purpose, a numerical model on the Scheffler receiver is initially investigated, thus assessing all the energy losses which affect the heat transfer phase. A thermodynamic model is then developed to evaluate the energy losses and performance of the screw expander under real working conditions. Finally, parametric optimization of the solar energy conversion is performed in a wide range of operating conditions by establishing thermodynamic formulations related to the whole solar electricity generation system. Water condensation pressure and vaporization temperature are so optimized with respect to global energy conversion efficiency which, under the best operating conditions achieved in this research, rises from 10.9% to 14.4% with increasing solar irradiation intensity. Hence, the combined use of screw expanders and Scheffler receivers for solar thermal power system application can be a promising technology with advantages over parabolic dish concentrators. Novelty statement: This research proposes an innovative direct steam solar power plant based on an SRC, with water utilized as both heat transfer and working fluid, equipped with Scheffler solar receivers as a thermal source and screw expanders as work-producing devices. Technical studies and energy assessments of this kind of SEGS at part-load operation do not exist in scientific literature; after reviewing the literature, it was determined that volumetric expanders have been rarely combined with Scheffler receivers for solar thermal power system application. In effect, combined use of screw expanders and Scheffler-type solar concentrator in a direct steam solar power system represents a completely new plant configuration; however, as a promising DSG solar system, at present numerical model of this new sort of SEGS is lacked in literature and the optimum operating conditions have yet to be defined. For this reason, the chief objective of this paper is to define a first parametric optimization of all thermodynamic variables involved to maximize global efficiency of the proposed solar thermal power generation system for ordinary working conditions.

Recent empirical research indicates that certain types of emissions follow an inverted-U or environmental Kuznets curve (EKC) as income grows. This regularity has been interpreted as a possible de-linking of economic growth and patterns of certain pollutants for developed economies. In this paper the empirical basis of this result is investigated by considering some statistical particularities of the various EKC studies performed. It is argued that the inverted-U relationship between income and emissions estimated from panel data need not hold for specific individual countries over time. Based on insights from 'intensity-of-use' analysis in resource economics, an alternative growth model is specified and estimated for three types of emissions (CO

Organic photovoltaics (OPV) have developed into a vast research area. Progress in various directions has made it difficult to monitor the technology's precise development state. We offer a patent landscape analysis over all OPV devices, their substrates and encapsulation materials to provide an overview of patenting activity from a historical, organizational, geographical and technological point of view. Such an exercise is instrumental for private companies and research institutes aiming at both internal or external technology creation. We discuss our findings in the context of the Industrial Life Cycle model and find OPV still residing in the fluid technology development phase. Technology development is still following an exponential growth path, with the majority of patents coming from the Asian continent and in general private companies. For devices, the main technological focus can be traced back to the " H01L-031" international patent classification (IPC) main group. For the queried substrates, the most attention has gone to glass, but paper and textile have drawn significant interest too. Finally, encapsulation is found to be a less mature research field given the smaller number of patent families. The latter shows that the technology has not matured to the level where processing is carried out on a commercial scale

Abstract In this study, we investigate the driving forces behind the changes in residential energy consumption (REC) in China’s urban and rural areas over the 2001–2012 period. Based on the logarithmic mean Divisia index method, the REC changes are decomposed into seven driving forces, which are climate change, energy price, energy expenditure mix, energy cost share (in total expenditure), expenditure share (in income), per capita income and population effects. According to the results, climate effect due to increasing days with abnormal temperature, energy cost share effect characterized by more expenditure to be paid for energy use, income effect describing constant income growth in the residential sector definitely increase REC in both urban and rural areas. In contrast, energy prices and energy expenditure mix effects negatively contribute to the REC increase, respectively because of the increase in energy prices and the transition from the low-priced energy to high-priced energy. Expenditure share and population effects play opposite roles in urban and rural areas, and the reasons and implications are analysed in depth.