Sustainable Energy Development: History and Recent Advances

Joseph Akpan () and Oludolapo Olanrewaju
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Joseph Akpan: Industrial Engineering Department, Durban University of Technology, Durban 4001, South Africa
Oludolapo Olanrewaju: Industrial Engineering Department, Durban University of Technology, Durban 4001, South Africa

Energies, 2023, vol. 16, issue 20, 1-44

Abstract: Sustainable energy development (SED) is a crucial component of the Sustainable Development Goals (SDG), aiming to maintain economic and social progress while protecting the environment and mitigating climate change’s effects. SED serves as a transition paradigm for sustainable development, providing a blueprint for energy peace and prosperity for people and all uses. This article presents the history of SED and then uses a critical discourse approach to summarize existing review studies in SED. Ten interlinked themes of SED are identified, with two of them considered to be among the least studied in existing SED reviews and in the current global discussion around climate change. This study explores these two themes, which include energy financing and the need for 100% renewable energy (RE), a sub-theme of decarbonization strategy working towards the 1.5–2.0 °C scenario. The study suggests that the current G20 countries’ contributions, if maintained continuously per annum, in addition to 80% more funding from private investment compared to the amount in the 1.5 °C scenario financial requirements for clean energy, are sufficient to limit global warming. In addition to the present drive for 100% RE, the article also discusses emerging issues, such as energy storage options with an indication of hydrogen as the most promising, other energy-related development agendas, and the need for regional security stability to prevent energy wars. Selected SED decarbonization strategies are presented across the power, transport, building, and industrial sectors. The study concludes with progress and directions for future research, mainly the need for re-defining nationally determined contribution (NDC) through an emissions budgeting and centralized global or regional emissions stock-taking strategy working towards the 1.5 °C scenario.

Keywords: sustainable energy development; SED themes; SED emerging issues; 1.5 °C scenario; energy financing; 100% renewable energy uprise; decarbonization strategies (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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