The digital economy contributes to innovation through renewable energy investment. The rapid development of the digital economy has changed the production methods of renewable energy enterprises and affected consumer behavior, consequently altering the market potential for renewable energy and the benefits of 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.
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.
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.
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.
Booming digital technologies have brought profound changes to the energy sector. Digitalization in energy storage technology facilitate new opportunities toward modernized low-carbon energy systems. This study offers a technological perspective to help understand the role of digitalization in energy storage development.
This review examines how digital transformation reshapes the energy industry, promoting sustainability through enhanced energy efficiency, renewable energy integration, …
The digital economy is becoming increasingly important in the field of carbon governance. However, there is little literature examining the relationship between the digital …
This review examines how digital transformation reshapes the energy …
Improved operational efficiency (54%), improved decision making (42%) and helping innovation (39%) through digital technologies have been identified by the storage …
The rapid development of digital economy brings new opportunities and …
Where EGT denotes the level of green-oriented transition of energy, DIG denotes digital economy, i denotes the area and t denotes year, C is a series of control variablesis a …
The rapid development of digital economy brings new opportunities and challenges. Based on a panel dataset of 30 provinces in China from 2011 to 2020, this paper …
The main results indicate that: (1) the digital economy positively affects HED in China; in other words, a 1 % increase in the digital economy index will boost HED by an …
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 …
The baseline results have verified that digital economy development generally promotes renewable energy innovation. However, due to differences in economic …
The results indicate that (1) the digital economy has a significant promoting effect and a positive spatial spillover effect on high-quality economic development, and its …
The baseline results have verified that digital economy development generally …
A few scholars have already started relevant research. For example, Wang et al. [37] studied the integration level of the digital industry and energy industry, and Chen et al. …
Our findings demonstrate a significant upward digital trend in energy storage …
The main results indicate that: (1) the digital economy positively affects HED …
As a new production factor, digitalization plays a vital role in society, economy, and the environment. Based on the expanded STIRPAT model, this paper empirically tests the …
Our findings demonstrate a significant upward digital trend in energy storage technology, with main interaction fields ranging from daily life power supplies to regional …
Our findings suggest that firms'' digital strategies, especially digitization and IoT strategy, have a positive impact on energy storage innovation, indicating a promising …
With the rapid growth of the digital economy, it is essential to understand its impact on carbon emissions reduction. This study uses provincial panel data from China …
Improved operational efficiency (54%), improved decision making (42%) …
The results indicate that (1) the digital economy has a significant promoting effect and a positive spatial spillover effect on high-quality economic development, and its influence has obvious spatial heterogeneity; (2) the …