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Characteristics of the digital economy in the energy storage industry

Assessing the role of digital economy agglomeration in energy

The sample studied in this paper is 285 prefecture-level and above cities in China. Due to limitations in the availability of data on the digital economy and energy consumption,

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1 Introduction. The outbreak of COVID-19 in 2020 has a serious impact on the trade and economic pattern of countries all over the world (Iqbal et al., 2021), but it stimulated the overall acceleration of the digital economy

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Increasingly, energy and tech companies are investing in projects, partnerships and digital energy companies. For example, at the end of 2020, Sidewalk Infrastructure Partners – a venture backed by Google''s parent

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Characteristics of the digital economy in the energy storage industry [PDF]

6 FAQs about [Characteristics of the digital economy in the energy storage industry]

How does the digital economy affect energy development?

Litvinenko (2020) believes that the digital economy will promote the technological development level of the mineral sector, which is conducive to the healthy and stable development of the energy industry. Very few scholars measure the overall energy development (i.e., HED) affected by the digital economy.

What is the relationship between energy storage and digitalization?

The internal coordination between energy storage and digitalization is advocated. 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.

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.

Does China need a digital economy to drive the energy transition?

Thus, China needs to take further steps to tap the potential of the digital economy to drive the energy transition. The policy implications of the paper’s findings are obvious. First, regions should implement a deep integration strategy for digitalization and energy transition.

Does the digital economy affect high-quality energy development?

The impact of the digital economy on high-quality energy development (HED) is explored. We measure the digital economy indexes and HED indexes in China. The digital economy has a positive effect on HED in China. The digital economy positively affects HED through two dimensions: “innovation and application” and “economic growth and jobs.”

Does Digital Economy Development have a nonlinear effect on energy transition?

Thus, the conclusion of this paper implies that the digital economy development itself has a nonlinear effect on energy transition, i.e., the digital economy will have a suppressive effect on energy transition in the early stage and a facilitating effect on energy transition after the digital economy has reached a certain level of development.

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