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Montpellier’s Energy Conservation Programs: Incentives For Businesses And Residents

Montpellier's Energy Conservation Programs: Incentives For Businesses And Residents

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G7: Value The Future, Stop Crowd Funding Catastrophe

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Yuri Leonidovich Zhukovsky Yuri Leonidovich Zhukovsky Scilit Google Scholar 1 Daria Evgenevna Batueva Daria Evgenevna Batueva Scilit Preprints. . org Google Scholar 2 and Valeriia Vladimirovna Starshaia Valeriia Vladimirovna Starshaia Scilit Google Scholar 1, *

Received: 24 June 2021 / Revised: 17 August 2021 / Accepted: 20 August 2021 / Published: 25 August 2021

Pdf) From The Fuel Versus Food Controversy To The Institutional Vacuum In Biofuel Policies: Evidence From West African Countries

In the next 20 years, fossil energy must become a guarantee for the sustainable development of the energy industry for future generations. Key threats represent obstacles to this transition. The study identifies current global trends in the energy sector and the outlook for energy development through 2035. The importance of risk assessment in predicting scenarios based on expert judgment has been proven. Three contrasting scenarios have been developed for fossil energy development: #StayHome, #StayAlone and #StayEffective, all based on a comprehensive analysis of global risks through expert review and factor analysis. It is concluded that fossil energy as an integral part of the modern energy industry will be mandatory with the integration of advanced technologies at every stage of traditional energy and renewable energy production. Based on the findings, nine ambitious programs for sustainable energy development have been proposed. They require the creation and use of a single interactive digital platform tailored for this purpose. It is the passport obligation for the dynamic interaction of energy production, transmission and consumption to have a sustainable, reliable and secure energy sector of the future.

Sustainable Development Fossil Energy Renewable Energy Sources Digital Technology Energy Transition Factor Analysis Scenario Analysis

Resource-rich developing countries face significant challenges such as economic diversification, resource depletion [1] , air quality maintenance, public health, and increasing demand for affordable energy and water resources. All of the above can be summarized as critical factors of energy and environment [2]. The entire energy sector should become a guarantee of “sustainable development” as a basic sector to meet the needs of future generations. This will be difficult to achieve if countries do not adequately support certain specific Sustainable Development Goals (SDGs) [4, 5]. The 2030 Agenda is the first time in human history that the nations of the world must agree on a comprehensive vision with clear goals and objectives for the development of our global civilization. In 2015, all governments around the world adopted 17 Sustainable Development Goals (SDGs) at the United Nations. Their goal is to guide global development by 2030. Starting with energy, the development of fossil fuels is considered as part of these SDGs. The sector is one of the pillars of economic development in the world’s sustainable development. To achieve these SDGs and ensure the safe use of fossil energy, the development and integration of modern technologies must be encouraged and supported at every stage of production. The energy sector is only explicitly mentioned in the SDG “Affordable and Clean Energy”. However, the sustainable development of fossil energy by 2035 requires direct implementation of these nine of the 17 SDGs adopted by all UN member states in 2015 [ 8 , 9 ].

Montpellier's Energy Conservation Programs: Incentives For Businesses And Residents

The selection and deployment of nine of the 17 SDGs for conventional energy is based on certain specific and defined trends in the development of conventional fossil energy. Trends related to the SDGs are shown in Figure 1.

Overcoming The Coupled Climate And Biodiversity Crises And Their Societal Impacts

To avoid vulnerability, countries should adopt a range of policies and practices to promote sustainable global development [10]. In order to contribute to increasing consumption and efficiency in terms of fossil energy, steps have been taken to achieve SDGs 4, 8, 9, 11 and 12, thus requiring its transformation in the sustainable energy development process. However, constraints designed to achieve SDGs 7, 13, 14 and 15 include increasing volumes and accelerating the energy transition to sustainable development.

In recent years, the role of renewable sources in the energy world has been increasing, and the relative importance of traditional energy resources has decreased. Renewable energy is becoming one of the key factors in society’s sustainability [11]. However, this energy is still far from universal use. Most of the renewable energy sources are subject to large fluctuations due to climate and economic conditions [12]. In this regard, the role and feasibility of energy transition through the growth of renewable energy in many countries, including currently transition economies, is unclear and requires additional research.

Fossil fuels still accounted for 84% of the world’s primary energy consumption in 2019 [11]. In this context and for decades to come, the transition to sustainable energy development will be driven primarily by the rational use of traditional energy sources. According to the UK Petroleum World Energy Outlook 2019 and McKinsey Energy Insights 2019 Global Energy Outlook, global carbon demand will continue to increase over the next 20 years until 2040, but at a slower rate, with natural gas recovering the fastest. In addition to renewable energy sources, energy sources are increasing [13, 14].

Thus, the solution to the recovery of the energy sector is partly based on the transition to renewable energy systems [11, 12, 13, 14]. Moreover, most of the remaining potential for renewable energy is located in developing countries [15]. In many developing countries and countries with economies in transition, the renewable energy industry faces serious problems: (1) lack of funding [10] and (2) low level of research and development in the energy sector. This leads to an early stage situation where the policy is highly dependent and less sensitive to the external macro environment [17]. Additionally, the specific industry of renewable energy requires upfront investment combined with long-term returns on investment, both of which lead to higher risks compared to traditional energy industries.

Data Driven Decentralized Breeding Increases Prediction Accuracy In A Challenging Crop Production Environment

This research focuses on the technologies necessary for the sustainable development of fossil energy. The emergence of the digital industry and high-tech space is changing the way consumers are supplied with energy. Achieving stability and reliability of power supply, increasing the power output of the power grid, and automatically controlling power consumption can only be achieved through the use of radically new methods, materials, and technologies. Digitization of the energy sector is one of the important factors for sustainable socio-economic development in the world [19, 20, 21]. Technological developments in the field of digital and information technology provide fundamentally new opportunities for increasing the efficiency of fossil energy, as the impact of such technologies on the flexibility of process control systems is very significant in modern technology. The widespread adoption of digital technology significantly reduces the time to respond to economic challenges and demands as well as consumer issues. However, the main challenge of digital transformation lies in the underdeveloped digital culture [22]. This requires new types of workers who are competent in new technologies and can quickly adapt to the digital reality [23, 24].

As such, the aim of the study was to forecast the current global trends in the energy sector, technological trends in the fossil energy industry and the development prospects up to 2035. Political, socio-cultural, economic, legal, technological, environmental and commercial risks of fossil energy development were the basis of the scenario analysis.

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