Digitalization and Energy in Attaining Sustainable Development: Impact on Energy Consumption, Energy Structure, and Energy Intensity
Henryk Dzwigol,
Aleksy Kwilinski,
Oleksii Lyulyov
et al.
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 techno… Show more
“…Information and communication technologies (ICT) and services have made an important contribution to economic development, resulting in significant improvements in energy efficiency [17]. Henryk Dzwigol et al found a negative correlation between digitization and energy consumption by exploring the intricate relationship between digitization and energy in EU countries [19]. Erdmann and Hilty demonstrated that the digital economy has the potential to reduce traffic flows and energy demand, drive technological efficiency gains and structural change, and reduce greenhouse gas emissions [20].…”
Section: The Digital Economy and Energy Consumptionmentioning
As a new economic paradigm, the digital economy is critical to economic growth and environmental protection. This paper empirically explores the impact of the digital economy on regional energy consumption intensity in the Beijing–Tianjin–Hebei region from 2010 to 2018. It is found that the digital economy has a significant inhibitory effect on regional energy consumption intensity. This effect remains valid even after passing the endogeneity and robustness tests. The paper confirms that technological innovation is the primary means by which the digital economy affects energy consumption intensity. The analysis of spatial spillover effects shows that the digital economy promotes the improvement of energy consumption intensity in surrounding areas through technology spillover effects. A heterogeneity analysis demonstrates that the technology spillover effect has a significant inhibitory effect on the energy consumption intensity of the surrounding areas for economically developed cities. Currently, the digital economy is a significant driver for enhancing productivity and quality. The integration and application of digital technologies have enabled technological innovation in the real economy, effectively reducing regional energy consumption.
“…Information and communication technologies (ICT) and services have made an important contribution to economic development, resulting in significant improvements in energy efficiency [17]. Henryk Dzwigol et al found a negative correlation between digitization and energy consumption by exploring the intricate relationship between digitization and energy in EU countries [19]. Erdmann and Hilty demonstrated that the digital economy has the potential to reduce traffic flows and energy demand, drive technological efficiency gains and structural change, and reduce greenhouse gas emissions [20].…”
Section: The Digital Economy and Energy Consumptionmentioning
As a new economic paradigm, the digital economy is critical to economic growth and environmental protection. This paper empirically explores the impact of the digital economy on regional energy consumption intensity in the Beijing–Tianjin–Hebei region from 2010 to 2018. It is found that the digital economy has a significant inhibitory effect on regional energy consumption intensity. This effect remains valid even after passing the endogeneity and robustness tests. The paper confirms that technological innovation is the primary means by which the digital economy affects energy consumption intensity. The analysis of spatial spillover effects shows that the digital economy promotes the improvement of energy consumption intensity in surrounding areas through technology spillover effects. A heterogeneity analysis demonstrates that the technology spillover effect has a significant inhibitory effect on the energy consumption intensity of the surrounding areas for economically developed cities. Currently, the digital economy is a significant driver for enhancing productivity and quality. The integration and application of digital technologies have enabled technological innovation in the real economy, effectively reducing regional energy consumption.
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