IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v17y2024i5p1213-d1350458.html
   My bibliography  Save this article

Digitalization and Energy in Attaining Sustainable Development: Impact on Energy Consumption, Energy Structure, and Energy Intensity

Author

Listed:
  • Henryk Dzwigol

    (Department of Management, Faculty of Organization and Management, Silesian University of Technology, 26–28 Roosevelt Street, 41-800 Zabrze, Poland
    Department of Management, Faculty of Applied Sciences, WSB University, 41-300 Dabrowa Gornicza, Poland
    The London Academy of Science and Business, 120 Baker St., London W1U 6TU, UK
    Department of Marketing, Sumy State University, 2, Rymskogo-Korsakova St., 40007 Sumy, Ukraine)

  • Aleksy Kwilinski

    (Department of Management, Faculty of Applied Sciences, WSB University, 41-300 Dabrowa Gornicza, Poland
    The London Academy of Science and Business, 120 Baker St., London W1U 6TU, UK
    Department of Marketing, Sumy State University, 2, Rymskogo-Korsakova St., 40007 Sumy, Ukraine)

  • Oleksii Lyulyov

    (Department of Management, Faculty of Applied Sciences, WSB University, 41-300 Dabrowa Gornicza, Poland
    Department of Marketing, Sumy State University, 2, Rymskogo-Korsakova St., 40007 Sumy, Ukraine)

  • Tetyana Pimonenko

    (Department of Management, Faculty of Applied Sciences, WSB University, 41-300 Dabrowa Gornicza, Poland
    Department of Marketing, Sumy State University, 2, Rymskogo-Korsakova St., 40007 Sumy, Ukraine)

Abstract

The relentless advancement of digital technologies has the potential to significantly reshape the energy landscape as digital technologies become increasingly integrated into diverse sectors of the economy. This study explores the intricate relationship between digitalization and energy in EU countries, focusing on its direct and indirect impacts on energy consumption, structure, and intensity. Furthermore, this study explores the mediating mechanisms that facilitate these changes, including the role of technological innovation and government efficiency in the relationship between digitalization and energy outcomes. Focusing on EU countries and using the system-GMM method, this research accounts for the heterogeneity in the impact of digitalization on energy across various member states. It examines the varying effects in different countries, considering their income levels, environmental regulations, and green investments. The results demonstrate that the strategic deployment of digitalization in EU countries substantially benefits the energy sector. By optimizing energy consumption and enhancing the energy structure through the integration of renewable sources, the EU could move closer to its sustainability objectives.

Suggested Citation

  • Henryk Dzwigol & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2024. "Digitalization and Energy in Attaining Sustainable Development: Impact on Energy Consumption, Energy Structure, and Energy Intensity," Energies, MDPI, vol. 17(5), pages 1-17, March.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:5:p:1213-:d:1350458
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/17/5/1213/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/17/5/1213/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Zenovii-Mykhaylo Zadorozhnyi & Volodymyr Muravskyi & Nataliya Pochynok & Uliana Ivasechko, 2023. "Application of the Internet of Things and 6G Cellular Communication to Optimize Accounting and International Marketing," Virtual Economics, The London Academy of Science and Business, vol. 6(1), pages 38-56, March.
    2. Perri, Cecilia & Giglio, Carlo & Corvello, Vincenzo, 2020. "Smart users for smart technologies: Investigating the intention to adopt smart energy consumption behaviors," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    3. Charfeddine, Lanouar & Umlai, Mohamed, 2023. "ICT sector, digitization and environmental sustainability: A systematic review of the literature from 2000 to 2022," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
    4. Priyanka Mishra & Ghanshyam Singh, 2023. "Energy Management Systems in Sustainable Smart Cities Based on the Internet of Energy: A Technical Review," Energies, MDPI, vol. 16(19), pages 1-36, September.
    5. Qian, Xuesong & Ding, Hai & Ding, Zifang, 2023. "Governmental inspection and firm environmental protection expenditure: Evidence from China," Economic Modelling, Elsevier, vol. 123(C).
    6. Azel Zhanibek & Rafis Abazov & Andrey Khazbulatov, 2022. "Digital Transformation of a Country’s Image: The Case of the Astana International Finance Centre in Kazakhstan," Virtual Economics, The London Academy of Science and Business, vol. 5(2), pages 71-94, September.
    7. Regina Veckalne & Martins Kapustins & Tatjana Tambovceva, 2023. "Smart Cities, Green Diets: How the Lucy Veg App Supports Valencia's Vegan Community and Contributes to SDGs," Virtual Economics, The London Academy of Science and Business, vol. 6(2), pages 7-22, June.
    8. Henryk Dzwigol, 2019. "The concept of the system approach of the enterprise restructuring process," Virtual Economics, The London Academy of Science and Business, vol. 2(4), pages 46-70, October.
    9. Henryk Dzwigol, 2023. "The Quality Determinants of the Research Process in Management Sciences," Virtual Economics, The London Academy of Science and Business, vol. 6(2), pages 35-54, June.
    10. Henryk Dzwigol, 2022. "Comparing Idiographic and Nomothetic Approaches in Management Sciences Research," Virtual Economics, The London Academy of Science and Business, vol. 5(4), pages 27-49, December.
    11. Karlilar, Selin & Balcilar, Mehmet & Emir, Firat, 2023. "Environmental sustainability in the OECD: The power of digitalization, green innovation, renewable energy and financial development," Telecommunications Policy, Elsevier, vol. 47(6).
    12. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Environmental Sustainability within Attaining Sustainable Development Goals: The Role of Digitalization and the Transport Sector," Sustainability, MDPI, vol. 15(14), pages 1-14, July.
    13. Areej Althabatah & Mohammed Yaqot & Brenno Menezes & Laoucine Kerbache, 2023. "Transformative Procurement Trends: Integrating Industry 4.0 Technologies for Enhanced Procurement Processes," Logistics, MDPI, vol. 7(3), pages 1-40, September.
    14. Kumar, Amit & Holuszko, Maria & Espinosa, Denise Crocce Romano, 2017. "E-waste: An overview on generation, collection, legislation and recycling practices," Resources, Conservation & Recycling, Elsevier, vol. 122(C), pages 32-42.
    15. Manolis Manioudis & Giorgos Meramveliotakis, 2022. "Broad strokes towards a grand theory in the analysis of sustainable development: a return to the classical political economy," New Political Economy, Taylor & Francis Journals, vol. 27(5), pages 866-878, September.
    16. Saumyaranjan Sahoo & Anil Kumar & Arvind Upadhyay, 2023. "How do green knowledge management and green technology innovation impact corporate environmental performance? Understanding the role of green knowledge acquisition," Business Strategy and the Environment, Wiley Blackwell, vol. 32(1), pages 551-569, January.
    17. Rafał Trzaska & Adam Sulich & Michał Organa & Jerzy Niemczyk & Bartosz Jasiński, 2021. "Digitalization Business Strategies in Energy Sector: Solving Problems with Uncertainty under Industry 4.0 Conditions," Energies, MDPI, vol. 14(23), pages 1-21, November.
    18. Nataliia Letunovska & Felix Amoako Offei & Prince Amoh Junior & Oleksii Lyulyov & Tetyana Pimonenko & Aleksy Kwilinski, 2023. "Green Supply Chain Management: The Effect of Procurement Sustainability on Reverse Logistics," Logistics, MDPI, vol. 7(3), pages 1-17, August.
    19. Radoslaw Miskiewicz, 2019. "Challenges facing management practice in the light of Industry 4.0: The example of Poland," Virtual Economics, The London Academy of Science and Business, vol. 2(2), pages 37-47, April.
    20. Ngo Thai Hung, 2023. "The Effects of Digitalization, Energy Intensity, and the Demographic Dividend on Viet Nam’s Economic Sustainability Goals," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 40(02), pages 399-425, September.
    21. Agnieszka Malkowska & Maria Urbaniec & Malgorzata Kosala, 2021. "The impact of digital transformation on European countries: insights from a comparative analysis," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 16(2), pages 325-355, June.
    22. Gedion Onyango & Japheth Otieno Ondiek, 2021. "Digitalization and Integration of Sustainable Development Goals (SGDs) in Public Organizations in Kenya," Public Organization Review, Springer, vol. 21(3), pages 511-526, September.
    23. Jakub Karnowski & Radoslaw Miskiewicz, 2021. "Climate Challenges and Financial Institutions: An Overview of the Polish Banking Sector’s Practices," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 120-139.
    24. Henryk Dzwigol & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Renewable Energy, Knowledge Spillover and Innovation: Capacity of Environmental Regulation," Energies, MDPI, vol. 16(3), pages 1-15, January.
    25. Khan, Zeeshan & Hossain, Mohammad Razib & Badeeb, Ramez Abubakr & Zhang, Changyong, 2023. "Aggregate and disaggregate impact of natural resources on economic performance: Role of green growth and human capital," Resources Policy, Elsevier, vol. 80(C).
    26. Ermal Hetemi & Joaquin Ordieres-Meré & Cali Nuur, 2020. "An Institutional Approach to Digitalization in Sustainability-Oriented Infrastructure Projects: The Limits of the Building Information Model," Sustainability, MDPI, vol. 12(9), pages 1-20, May.
    27. Lyu, Wenjing & Liu, Jin, 2021. "Artificial Intelligence and emerging digital technologies in the energy sector," Applied Energy, Elsevier, vol. 303(C).
    28. Yurii Kharazishvili & Aleksy Kwilinski, 2022. "Methodology for Determining the Limit Values of National Security Indicators Using Artificial Intelligence Methods," Virtual Economics, The London Academy of Science and Business, vol. 5(4), pages 7-26, December.
    29. Nataliia Trushkina, 2019. "Development of the information economy under the conditions of global economic transformations: features, factors and prospects," Virtual Economics, The London Academy of Science and Business, vol. 2(4), pages 7-25, October.
    30. Syed Abdul Rehman Khan & Pablo Ponce & George Thomas & Zhang Yu & Mohammad Saad Al-Ahmadi & Muhammad Tanveer, 2021. "Digital Technologies, Circular Economy Practices and Environmental Policies in the Era of COVID-19," Sustainability, MDPI, vol. 13(22), pages 1-14, November.
    31. Oleksandr Melnychenko, 2019. "Application of artificial intelligence in control systems of economic activity," Virtual Economics, The London Academy of Science and Business, vol. 2(3), pages 30-40, July.
    32. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Greenfield Investment as a Catalyst of Green Economic Growth," Energies, MDPI, vol. 16(5), pages 1-16, March.
    33. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "Inclusive Economic Growth: Relationship between Energy and Governance Efficiency," Energies, MDPI, vol. 16(6), pages 1-16, March.
    34. Taufik Hidayat & Rahutomo Mahardiko & Ali Miftakhu Rosyad, 2023. "The Analysis of Data Preparation to Validate Model Values of Information Technology," Virtual Economics, The London Academy of Science and Business, vol. 6(2), pages 23-34, June.
    35. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "The Effects of Urbanisation on Green Growth within Sustainable Development Goals," Land, MDPI, vol. 12(2), pages 1-16, February.
    36. Henryk Dzwigol, 2019. "Research methods and techniques in new management trends: research results," Virtual Economics, The London Academy of Science and Business, vol. 2(1), pages 31-48, January.
    37. Lange, Steffen & Pohl, Johanna & Santarius, Tilman, 2020. "Digitalization and energy consumption. Does ICT reduce energy demand?," Ecological Economics, Elsevier, vol. 176(C).
    38. Yevheniia Ziabina & Mariola Dzwigol-Barosz, 2022. "A Country's Green Brand and the Social Responsibility of Business," Virtual Economics, The London Academy of Science and Business, vol. 5(3), pages 31-49, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Aleksy Kwilinski, 2024. "Mapping Global Research on Green Energy and Green Investment: A Comprehensive Bibliometric Study," Energies, MDPI, vol. 17(5), pages 1-24, February.
    2. Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko & Denys Pudryk, 2024. "Global Image of Countries and Immigration Flows," Central European Business Review, Prague University of Economics and Business, vol. 2024(4), pages 83-101.
    3. Iryna Nyenno & Vyacheslav Truba & Liudmyla Tokarchuk, 2023. "Managerial Future of the Artificial Intelligence," Virtual Economics, The London Academy of Science and Business, vol. 6(2), pages 72-88, June.
    4. Edward Owusu & Jones Lewis Arthur & Kwaku Amofah, 2023. "Cross-Сultural Communication Strategies in the Digital Era: A Bibliometric Analysis," Virtual Economics, The London Academy of Science and Business, vol. 6(2), pages 55-71, June.
    5. Lin Wang & Yugang He & Renhong Wu, 2024. "Digitization Meets Energy Transition: Shaping the Future of Environmental Sustainability," Energies, MDPI, vol. 17(4), pages 1-25, February.
    6. Henryk Dzwigol & Aleksy Kwilinski & Oleksii Lyulyov & Tetyana Pimonenko, 2023. "The Role of Environmental Regulations, Renewable Energy, and Energy Efficiency in Finding the Path to Green Economic Growth," Energies, MDPI, vol. 16(7), pages 1-18, March.
    7. Chwiłkowska-Kubala, Anna & Cyfert, Szymon & Malewska, Kamila & Mierzejewska, Katarzyna & Szumowski, Witold, 2023. "The impact of resources on digital transformation in energy sector companies. The role of readiness for digital transformation," Technology in Society, Elsevier, vol. 74(C).
    8. Ana Salomé García-Muñiz & María Rosalía Vicente, 2021. "The Effects of Informational Feedback on the Energy Consumption of Online Services: Some Evidence for the European Union," Energies, MDPI, vol. 14(10), pages 1-14, May.
    9. Henryk Dźwigoł, 2021. "The Uncertainty Factor in the Market Economic System: The Microeconomic Aspect of Sustainable Development," Virtual Economics, The London Academy of Science and Business, vol. 4(1), pages 98-117, January.
    10. Henryk Dzwigol & Nataliia Trushkina & Aleksy Kwilinski, 2021. "The Organizational and Economic Mechanism of Implementing the Concept of Green Logistics," Virtual Economics, The London Academy of Science and Business, vol. 4(2), pages 41-75, April.
    11. Nguyen Thanh Viet & Alla G. Kravets, 2022. "The New Method for Analyzing Technology Trends of Smart Energy Asset Performance Management," Energies, MDPI, vol. 15(18), pages 1-26, September.
    12. Liu, Pengqiang & Li, Xin & Chang, Hsu-Ling & Su, Nan, 2024. "Natural resources Kuznets curve: The role of mineral resources, urbanization, and digitalization in BRICS economies," Resources Policy, Elsevier, vol. 90(C).
    13. Škare, Marinko & Gavurova, Beata & Porada-Rochon, Malgorzata, 2024. "Digitalization and carbon footprint: Building a path to a sustainable economic growth," Technological Forecasting and Social Change, Elsevier, vol. 199(C).
    14. Jing Wang & Yubing Xu, 2022. "How Does Digitalization Affect Haze Pollution? The Mediating Role of Energy Consumption," IJERPH, MDPI, vol. 19(18), pages 1-15, September.
    15. Huang, Chenchen & Lin, Boqiang, 2023. "Promoting decarbonization in the power sector: How important is digital transformation?," Energy Policy, Elsevier, vol. 182(C).
    16. Bai, Ling & Guo, Tianran & Xu, Wei & Liu, Yaobin & Kuang, Ming & Jiang, Lei, 2023. "Effects of digital economy on carbon emission intensity in Chinese cities: A life-cycle theory and the application of non-linear spatial panel smooth transition threshold model," Energy Policy, Elsevier, vol. 183(C).
    17. Jun Liu & Yu Qian & Yuanjun Yang & Zhidan Yang, 2022. "Can Artificial Intelligence Improve the Energy Efficiency of Manufacturing Companies? Evidence from China," IJERPH, MDPI, vol. 19(4), pages 1-18, February.
    18. Zsolt Buri & Csanád Sipos & Edit Szűcs & Domicián Máté, 2024. "Smart and Sustainable Energy Consumption: A Bibliometric Review and Visualization," Energies, MDPI, vol. 17(13), pages 1-14, July.
    19. Lin, Chen, 2024. "Asymmetric effects of digitalization, natural resources, capital formation, and green innovations on environmental sustainability in ASEAN countries," Resources Policy, Elsevier, vol. 92(C).
    20. Monaco, Roberto & Bergaentzlé, Claire & Leiva Vilaplana, Jose Angel & Ackom, Emmanuel & Nielsen, Per Sieverts, 2024. "Digitalization of power distribution grids: Barrier analysis, ranking and policy recommendations," Energy Policy, Elsevier, vol. 188(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:17:y:2024:i:5:p:1213-:d:1350458. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.