From digitalization to renewable energy: How the tech-energy connection drives the green energy in belt and road countries

IF 13.6 2区经济学 Q1 ECONOMICS

Energy Economics Pub Date : 2025-03-01 DOI:10.1016/j.eneco.2025.108324

Wang Bingxin , Ghulam Muhammad Qamri , Guo Hui , Waqar Ameer , Muhammad Ansar Majeed

{"title":"From digitalization to renewable energy: How the tech-energy connection drives the green energy in belt and road countries","authors":"Wang Bingxin , Ghulam Muhammad Qamri , Guo Hui , Waqar Ameer , Muhammad Ansar Majeed","doi":"10.1016/j.eneco.2025.108324","DOIUrl":null,"url":null,"abstract":"<div><div>Sustainable economic development is the need of the current era which is not possible without the environment friendly energy consumption. Digitalization which is the major part of economic life also has a major role in determining the level of clean energy in an economy. Therefore, this study investigates the nonlinear relationship between digitalization and renewable energy consumption with particular focus on the role of human capital as a moderating factor. This study has developed a panel of the countries that are part of the One Belt One Road project from 1996 to 2019. The results of augmented system GMM show that, initially, digitalization adversely effects the renewable energy consumption, however; after specific threshold value, the impact of digitalization convert from adverse to beneficial for the renewable energy development. This study also shows that human that capital moderates the relationship between digitalization and renewable energy in a positive way showing a good human capital helps countries to early ending the negative impact of digitalization on renewable energy. The study also offers the policy implications that BRI countries should set energy efficiency standards for digital infrastructures, offer incentives for green data centers and simultaneously invest in human capital development.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"144 ","pages":"Article 108324"},"PeriodicalIF":13.6000,"publicationDate":"2025-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Energy Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0140988325001471","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

Abstract

Sustainable economic development is the need of the current era which is not possible without the environment friendly energy consumption. Digitalization which is the major part of economic life also has a major role in determining the level of clean energy in an economy. Therefore, this study investigates the nonlinear relationship between digitalization and renewable energy consumption with particular focus on the role of human capital as a moderating factor. This study has developed a panel of the countries that are part of the One Belt One Road project from 1996 to 2019. The results of augmented system GMM show that, initially, digitalization adversely effects the renewable energy consumption, however; after specific threshold value, the impact of digitalization convert from adverse to beneficial for the renewable energy development. This study also shows that human that capital moderates the relationship between digitalization and renewable energy in a positive way showing a good human capital helps countries to early ending the negative impact of digitalization on renewable energy. The study also offers the policy implications that BRI countries should set energy efficiency standards for digital infrastructures, offer incentives for green data centers and simultaneously invest in human capital development.

Abstract Image

查看原文本刊更多论文

求助全文

约1分钟内获得全文求助全文

来源期刊

Energy Economics ECONOMICS-

CiteScore

18.60

自引率

12.50%

发文量

524

期刊介绍： Energy Economics is a field journal that focuses on energy economics and energy finance. It covers various themes including the exploitation, conversion, and use of energy, markets for energy commodities and derivatives, regulation and taxation, forecasting, environment and climate, international trade, development, and monetary policy. The journal welcomes contributions that utilize diverse methods such as experiments, surveys, econometrics, decomposition, simulation models, equilibrium models, optimization models, and analytical models. It publishes a combination of papers employing different methods to explore a wide range of topics. The journal's replication policy encourages the submission of replication studies, wherein researchers reproduce and extend the key results of original studies while explaining any differences. Energy Economics is indexed and abstracted in several databases including Environmental Abstracts, Fuel and Energy Abstracts, Social Sciences Citation Index, GEOBASE, Social & Behavioral Sciences, Journal of Economic Literature, INSPEC, and more.