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Integrated development of digital and energy industries: Paving the way for carbon emission reduction

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  • Wang, Jiangquan
  • Nghiem, Xuan-Hoa
  • Jabeen, Fauzia
  • Luqman, Adeel
  • Song, Malin

Abstract

The fusion of digital and energy industries is an efficacious route to advance the high-quality development of the energy system and ensure energy security. This study explored the fusion mechanism of digital and energy industries and built an evaluation index system for the fusion of digital and energy industries from four dimensions: fusion basis, fusion conditions, fusion application, and fusion performance. Next, the fusion level of digital and energy industries and their performance in different dimensions in China and various regions were calculated using the global principal component analysis. Subsequently, the panel data model was used to quantitatively study the influence factors of the integrated development of China's digital and energy industries. The study revealed that the fusion level of China's digital and energy industries has continuously improved from 2002 to 2018, but the gap between different regions in 2017 was still large. The integrated development of digital and energy industries is positively correlated with the development level of digital and energy industries, scientific and technological innovation, environmental regulation, and urbanization.

Suggested Citation

  • Wang, Jiangquan & Nghiem, Xuan-Hoa & Jabeen, Fauzia & Luqman, Adeel & Song, Malin, 2023. "Integrated development of digital and energy industries: Paving the way for carbon emission reduction," Technological Forecasting and Social Change, Elsevier, vol. 187(C).
    • Handle: RePEc:eee:tefoso:v:187:y:2023:i:c:s0040162522007570
    DOI: 10.1016/j.techfore.2022.122236
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    2. Bendig, David & Schulz, Colin & Theis, Lukas & Raff, Stefan, 2023. "Digital orientation and environmental performance in times of technological change," Technological Forecasting and Social Change, Elsevier, vol. 188(C).

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    More about this item

    Keywords

    Digital industry; Energy industry; Fusion; Evaluation index system; Influence factor;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
    • Q49 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Other

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