Search Results (3)

Fintech prioritizes the progression of issues related to environmental conservation and the consequences of climate change. This study is among the first investigations exploring the relationship between fintech and sustainable energy. It presents potential financial models that might be developed to assist companies in remaining operational via the use of renewable and clean energy sources. We employ a bibliometric analysis as the statistical methodology to address the study topic. We extract bibliometric data from the Scopus database employing the Preferred Reporting Items for Systematic reviews and Meta-Analyses (PRISMA) approach, thereafter analyzing the data with the R statistical programming language and the bibliometric applications Biblioshiny and VOSviewer. The results of the research indicate that fintech companies are committed to achieving carbon neutrality and investing in strategies such as environmental, social, and corporate governance (ESG) which may help them reduce their carbon footprint and enhance their eco-efficiency. In contrast to the United Kingdom, which is frequently regarded as the world’s preeminent financial center, Chinese fintech enterprises appear to demonstrate a more fervent dedication to the improvement of their ecological transition. However, the results, ultimately, emphasize the transition of fintech to an alternative paradigm, namely greentech. Greentech is a new fintech-dependent paradigm which will help cryptocurrencies and fintech reduce their environmental impact and promote carbon-neutral financial institutions via investment. Greentech aims to decarbonize the financial industry by investing in renewable resources and clean energy, therefore enhancing the sector’s environmental sustainability. Full article

The integration of renewable energy sources in the European power system is one of the main goals set by the European Union. In order to ease this integration, in recent years, Renewable Energy Communities (RECs) have been introduced that aim to increase the exploitation of renewable energy at the local level. This paper presents an Energy Management System (EMS) for an industrial microgrid owned and operated by a greentech company located in the north of Italy. The company is a member of an REC. The microgrid is made of interconnected busbars, integrating photovoltaic power plants, a fleet of electric vehicles, including company cars and delivery trucks supporting Vehicle-to-Grid (V2G), dedicated charging stations, and a centralized battery energy storage system. The industrial site includes two warehouses, an office building, and a connection to the external medium-voltage network. The EMS is designed to optimize the operation of the microgrid and minimize the operating costs related to the sale and purchase of energy from the external network. Furthermore, as the company is a member of an REC, the EMS must try to follow a desired power exchange profile with the grid, suggested by the REC manager, with the purpose of maximizing the energy that is shared within the community and incentivized. The results demonstrate that, when minimizing only costs, local self-consumption is favored, leading to a Self-Sufficiency Rate (SSR) of 65.37%. On the other hand, when only the adherence to the REC manager’s desired power exchange profile is considered in the objective function, the SSR decreases to 56.43%, net operating costs increase, and the energy shared within the REC is maximized. Full article

Important advances have been made in food waste recycling and the circular economy. Many organizations are developing new technologies and innovative products that use food waste and food byproducts. This paper explores some of these greentech companies and social enterprises in Europe and discusses the regional implications of greentech with a specific focus on Southern Europe. Two examples from the region of Sicily (Italy) were studied. This research involved comparative and qualitative research methods, with semi-structured interviews. It includes an analysis of the regional implications for Sicily and a community impact analysis (CIA). The results show the current and potential regional implications, specifically focusing on the social, cultural, economic and environmental impacts that they have. Furthermore, the results show the pecuniary and non-pecuniary impacts on the local community for the short, medium and long term. This research represents a starting point for future research and highlights the value of investment in greentech. Full article