Advancing renewable energy innovation through digital technology and supply chain digitization

IF 13.6 2区经济学 Q1 ECONOMICS

Energy Economics Pub Date : 2025-05-13 DOI:10.1016/j.eneco.2025.108557

Xuetao Li , Minqi Zhang , Xing Xin , Chengying Yang , Yonghong Zhang , Jianglai Dai

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引用次数: 0

Abstract

Global supply chains have been significantly disrupted by factors such as climate change and digitization. This empirical analysis provides a nuanced perspective on the interplay between renewable energy innovation, digital technology, environmental sustainability, and economic factors. The study employed the Quantile Autoregressive Distributive Lag method that examines relationships across different quantiles of the dependent variable. Findings reveal that digital technology and foreign direct investment emerged as potential tools to improve Renewable Energy Innovation (REI). The study underscores the urgent need for hands-on measures to mitigate the negative effect of population growth on natural and environmental resources. It also highlights the complex relationship between environmental protection and development, stressing the need for holistic, environmentally conscious development strategies for a sustainable future. This research has also forecasted the REI with a chosen variable by using Adaboost and results show good accuracy. Moreover, it has been suggested that policymakers must focus on population management strategies, green innovation, and capacity building to improve renewable energy innovation and natural resource market efficiency also propel sustainable efforts.

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通过数字技术和供应链数字化推进可再生能源创新

全球供应链受到气候变化和数字化等因素的严重干扰。这一实证分析为可再生能源创新、数字技术、环境可持续性和经济因素之间的相互作用提供了细致入微的视角。本研究采用分位数自回归分布滞后法来检验因变量不同分位数之间的关系。研究结果表明，数字技术和外国直接投资已成为改善可再生能源创新（REI）的潜在工具。该研究强调，迫切需要采取实际措施，减轻人口增长对自然和环境资源的负面影响。它还突出了环境保护与发展之间的复杂关系，强调需要为可持续的未来制订全面的、具有环境意识的发展战略。本研究还利用Adaboost对选定变量的REI进行了预测，结果显示出较好的准确性。此外，政策制定者必须关注人口管理战略、绿色创新和能力建设，以提高可再生能源创新和自然资源市场效率，从而推动可持续努力。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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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.