Digital Economy meets Energy Transition: Data Centers
VPPs leverage digital connectivity, software, and AI to aggregate and manage distributed energy resources (DERs), such as solar, wind, energy storage, and more. This integration enables DERs to function as a unified, flexible power plant, addressing key challenges in the modern energy system via the integration into energy markets.
Role of digitalization in energy storage technological innovation
Our findings demonstrate a significant upward digital trend in energy storage technology, with main interaction fields ranging from daily life power supplies to regional
New Evidence in Sustainable Development: Does Digital
In the context of global digitization and sustainable development development, the interplay between digital infrastructure (DI) and energy utilization efficiency (EUE) has emerged as a crucial issue that deserves to be exploration. This paper attempts to investigate the impact of DI on EUE. Theoretically, an endogenous growth model is constructed in which data
Digital energy industry to boost power sector
2 天之前· Xiang Ligang, director-general of the Information Consumption Alliance, an industry association, said the application of cutting-edge digital technologies including the industrial internet, 5G and cloud computing in the
Empowering more balanced energy futures: The role of the digital
This study explores the influence of the Digital Economy (DE) on the Energy Trilemma (ET) across Chinese cities from 2008 to 2021. Leveraging an extensive panel dataset encompassing 276 cities, we constructed a city-level ET index, categorized cities using k-means clustering, and employed IV-GMM regression to scrutinize the impact of DE.
The power of digitalization: A study of the effect of the digital
To better explore the link between the digital economy and household energy poverty, and to achieve the goal of testing the effectiveness of digital energy poverty reduction, in this section we comb through the literature dealing with the end-to-end impacts of the digital economy on the energy side, as well as the factors influencing the front-end of energy poverty,
Revealing the multiple impact mechanism of digital economy
Digital economy and renewable energy development. The expansion of the global DE has had an irreversible and far-reaching impact on the way society produces and lives (Wang et al. 2023a, b, c, d; Lei et al. 2022).With a growing emphasis on sustainable development, scholars are increasingly examining its influence on RE development (Haldar and Sethi 2022;
Digital economy as a new engine for synergy of multi-pollutant
Second, the digital economy promotes the development of energy storage technology, improves the development and utilization rate of renewable energy such as solar energy and wind energy, reduces the use of fossil energy, thereby achieving SERPCE because the "common origin" nature of multiple pollutants (Cao et al., 2024).
Assessment of Emerging Digital Technology in Renewable Energy
Particularly in the renewable energy sector, it has become highly dependent on emerging digital technologies to make energy production and distribution more efficient, sustainable and safe [].When academic researchers are examined, it is seen that these studies on this subject are focused on a single technology, not on multiple technologies, and focus on
"Booster" or "Obstacle": Can digital transformation improve energy
Total factor energy efficiency: Digital economy: Xue et al. [21] Province: contributes to resource sharing, promotes technology spillovers in the processes of energy production, transmission, storage and consumption, which is dynamically superimposed. Compared with strategic digital transformation, substantial digital transformation has
Digitalization and energy: How could digital economy eliminate
The results indicate that digital economy significantly reduces energy poverty in China. Specifically, such positive impact is more pronounced in the eastern China, and the
The role of the digital economy in promoting energy justice:
The integrated development of the digital economy and the real economy has enabled advanced energy utilization technologies to continuously spill over into surrounding cities (mainly energy-lagging cities) through the strong permeability of the digital economy, continuously reducing energy costs and improving energy efficiency, providing a persistent technological and cost
Mexico
Overview of the digital economy sector, including challenges and opportunities, Mexico imposed temporary tariffs between 5% and 50% on the import of 544 tariff items applicable to products from countries with which it does not have trade agreements, including China. such as energy, transportation, and communication systems (for the
The Interplay of Energy Consumption and the Digital
In this context, the role of the digital economy is becoming increasingly significant, especially regarding the energy structure transformation of, and reduction in, energy consumption, which is essential in order to promote low-carbon
Does the digital economy promote the consumption structure
The results in column (4) show that industrial structure upgrading and the digital economy have a positive contribution to the upgrading of residents'' consumption structure; moreover, the regression coefficient of the digital economy slightly decreases compared with the baseline regression results, which indicates that industrial structure upgrading also plays a
Digitalization and energy: How could digital economy eliminate energy
As the engine of the new era, digital economy (DE) may be a potential catalyst to overcome this dilemma (Fang et al., 2022) is a set of economic activities in which data assets are the primary productive factor, modern networks are the crucial carriers, and ICT and other technologies are used effectively to raise productivity and restructure the economy
Powering the digital economy
New, digitally enabled players have entered power markets, intelligent apps have given customers both large and small more control over their energy usage, and low-cost batteries and renewables have altered demand
Digital economy: a driver for smart carbon reduction
Attaining carbon neutrality necessitates a comprehensive transformation, relying on the collective actions of every segment of society. Our research investigates how the digital economy influences the reduction of carbon emissions from a theoretical framework and practical analysis on the basis of measuring the digital economy of 274 prefecture-level cities
Blockchain Architectures for the Digital
The digital economy, driven by information and communication technologies (ICT), has profoundly transformed in recent decades. The digitalization of society has given rise to
Exploring the Influence of the Digital Economy on
The results reveal a notable positive impact of the digital economy on resilience across various countries and time periods. However, when it comes to carbon emissions, a more intricate pattern emerges, suggesting a
Impact of computing infrastructure on carbon emissions in China
Rapid expansion of the digital economy increases the need for computing power dramatically, driving the construction of more data centers and exacerbating energy usage and carbon emissions 42. As
Digital Economy, Clean Energy Consumption, and
The digital economy has become an important force driving China''s socio-economic development. From the perspective of sustainable energy development and based on China''s provincial panel data from 2011 to
Role of digitalization in energy storage technological innovation:
Our findings suggest that firms'' digital strategies, especially digitization and IoT strategy, have a positive impact on energy storage innovation, indicating a promising coordinated development between digital and energy storage technologies.
How does digital economy development affect renewable energy
The digital economy has been remarkably fueling the sustainability of renewable energy worldwide. However, how it accelerates renewable energy development, particularly renewable energy innovation, remains unknown ing a panel of 65 countries from 2002 to 2019, this research applies a dynamic panel model to explore the relationship between the digital
Digital Transformation and Green Innovation of
The era of the digital economy has ushered in a new development opportunity for the energy industry, and the role of digitalization in the green and low-carbon transformation process of the energy
Battery energy storage systems (BESSs) and the economy
Existing literature on microgrids (MGs) has either investigated the dynamics or economics of MG systems.Accordingly, the important impacts of battery energy storage systems (BESSs) on the economics and dynamics of MGs have been studied only separately due to the different time constants of studies. However, with the advent of modern complicated
The impact of synergistic development of renewable energy and digital
The synergistic development of renewable energy and digital economy curbs energy intensity in high-income and low-income countries, with SHAP values ranging from −0.05 to −0.03 and −0.015 to 0, but increases energy intensity in some middle-income countries, with SHAP values ranging from near zero.
Digitalization and Energy – Analysis
The report examines the impact of digital technologies on energy demand sectors, looks at how energy suppliers can use digital tools to improve operations, and
Does Digital Economy Successfully Drive Down the Energy
Second, this paper includes digital economy and low-carbon technology innovation into the theoretical mechanism framework of regional energy intensity, and answers the question of how to effectively use low-carbon technology innovation to digitize and promote regional energy intensity reduction in the digital economy era, and explores the non-linear
Digital transformation in the energy sector: Comprehensive review
This review examines how digital transformation reshapes the energy industry, promoting sustainability through enhanced energy efficiency, renewable energy integration,
6 FAQs about [Digital Economy Superimposed on Energy Storage]
Does digital transformation affect energy storage innovation?
Table 3 shows the impact of digital transformation on energy storage innovation estimated by a negative binomial model. Our findings show that digitalization strategies have a significant positive impact on technological innovation in energy storage after controlling for years and industry fixed effects.
Does digital strategy affect firm energy storage innovation?
It is observed that the positive impact of digital strategy on firm energy storage innovation is much more significant in the regions and industries with higher convergence between digital and energy storage technologies.
What is the relationship between energy storage and digitalization?
Digital trends in energy storage technology With continuous technological iteration, the entire energy system has undergone enormous changes in the context of digitalization. We demonstrated a novel and promising trend in the interaction of energy storage and digitalization using patent co-classification analysis.
How does the digital economy contribute to sustainability?
Moreover, the digital economy plays a pivotal role in contributing to sustainability goals by curbing carbon emissions through optimized industrial output , real-time energy consumption monitoring, and support for eco-friendly sectors like smart and shared transportation .
Does digital energy storage technology improve system operation and maintenance?
It is also related to previous evidence on the significance of digital energy storage technology in enhancing system operation and maintenance [1, 55], which implies the global efforts towards the development of digital and intelligent energy‐storage systems.
How does the digital economy drive economic growth in China?
Therefore, reducing the level of energy consumption and promoting the clean consumption of energy has become an important component for China’s high-quality economic development and sustainable energy development. Academic research on how the digital economy drives economic growth can be divided into three main levels: macro, meso, and micro.