Moreover, long-term sustainability is assured only by balancing electricity demands with sustainable development goals (Zhang et al., 2020b). Furthermore, it is possible to achieve the goals set out in actionable terms of the sustainable development strategy, such as population growth and energy supply with investments in modern energy infrastructure. In this context, both calculate electricity as an important part of the 2030 Agenda, whereas the interdisciplinary work is still under consideration. Similarly, the theory by Thacker (including electricity projects) assesses the influence of various contexts, such as political systems, climate, and technology, whereas Li et al., ( 2021a, b) evaluate the interdependencies of energy and SDGs, determining the measure of energy required to meet the SDGs’ demands (Alemzero et al., 2020a, b, Sun et al., 2020d). Moreover, they identify 143 synergies and 65 trade-offs in the energy systems diagram using the seven-point scale originally created to measure SDG encounters to evaluate this element. Therefore, the main objectives of SD7 include sustainability and accessibility and the science community helps decision leaders in comprehending how these issues intersect through link analysis exploring connections between this mission and other SDG objectives (Sun et al., 2020a, b). Consequently, the 17 priorities of Sustainable Development Goals and their objectives are integrated and indivisible, and should be addressed from all angles to work on the 2050 Agenda (Chen et al., 2018). However, recent studies attempt to understand the level of awareness among consumers along with digitalization and new economic models to achieve SDG 7 under energy efficiency vision 2050, which is encouraged by the need to understand the revisited outcomes better to effectively apply the suggested policies (Han et al., 2021).įurthermore, the new worldwide sustainable development goal encompasses subjects, such as poverty eradication and improvement in health and quality of life to mitigate climate change and inequality (He et al., 2018). Moreover, literature fails to enable policymakers and other stakeholders of energy sector with substantial guidelines. Similarly, the developed and emerging economies face a downturn and drift in energy system due to COVID-19 outbreak (Azhgaliyeva et al., 2020), which changes digitalization, consumer awareness, and national economic models, considering various conditions regarding energy efficiency (Agyekum et al., 2021, and Zhang et al., 2021). In this context, recent studies assess SDG number 7 with energy efficiency presenting different solutions (Raberto et al., 2019). The sustainable development goal number 7 (SDG-7) on affordable and reliable energy provision aims to increase public attention at large demanding the energy generation and provision system to be efficient in production and distribution (Jin et al., 2021). This paper discusses the ability of digitalization and energy consumer awareness trends in shaping the future energy demand based on SDG 7, emphasizing the importance of energy efficiency vision 2050 in policymaking for effective acquisition. Therefore, Austria and Korea have the highest energy efficiency score of 0.76 and 0.75, whereas Canada and Chile have the lowest energy efficiency score of 0.41 and 0.42. Hence, the best-case scenario, “New Trends Efficient,” reduces final energy demand by 78% compared to the South Asian “Baseline” scenario in 2050, whereas the “Worst Case” scenario increases final energy demand by 35%. Consequently, the results show a crucial impact of such trends on a future power demand that exceeds the economic potential of techno. In this context, four new trends expected to shape future energy demand are identified through extensive consultation with experts from South Asian countries by developing future power demand for the year of 2050. Therefore, this study analyzes the interaction of the three trends with SDG7 under energy efficiency vision 2050, measuring the energy efficiency of OECD from 2005 to 2017 to enable this inclusion. Policies on reducing energy demand should incorporate the newly formed economic models, digitalization, and consumer awareness trends.
1 Comment
7/26/2023 04:34:08 am
Absolutely fantastic blog post! Your writing style is captivating, and your insights are incredibly valuable. Thank you for sharing your expertise with us!
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