“…Large urban centres and world's major metropolises are capable of sustaining the reliability and security of their energy supply based on the advancements in the development of their energy sectors as well as on enhancements in social efficiency and the quality of life of their dwellers (see Urbaniec, Mikul ci c, Rosen, & Dui c, 2017;Zeibote, Volkova, & Todorov, 2019;Snieska, Zykiene, & Burksaitiene, 2019;El Iysaouy, El Idrissi, Tvaronavi cien_ e, Lahbabi, & Oumnad, 2019;Tvaronavi ciene, & Slusarczyk, 2019;Al Badi, Ahshan, Hosseinzadeh, Ghorbani, & Hossain, 2020). However, all of the above requires massive investments into the novel managerial and information and communication technological solutions that would create the prerequisites for the decent level of the quality of life, ensure the focus on the socio-economic direction of the city economy, as well as the enable the smart cities to play their key functional roles.…”