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.
Under a global wave of digital transformation, a growing body of research has recognized and introduced the significance of emerging digital technologies embedded in energy storage [16, 17], particularly on the blockchain [18, 19], energy big data and cloud computing [20, 21] and the energy Internet of Things (IoT) [18, 22].
In the context of global trend of digitalization, firms and governments are proposed to follow digital trends and grasp new opportunities in the energy storage industry and other emerging energy sectors, which also calls for effective policy and market design.
On the other hand, the digital economy contributes to enhancing energy efficiency and accelerating the adoption of renewable energy, thereby exerting a positive impact on the energy transition (Wang et al., 2022b; Hwang, 2023).
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.
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.
The Impact and Mechanism behind the Effect of a Digital Economy …
Digital technologies hold significant potential for addressing environmental issues, such as air pollution and rising global temperatures. China is focusing on accelerating the dual transformation of industrial greening and digitization to accomplish the UN''s 2030 Agenda for Sustainable Development and sustainable economic growth.
Learn More
Variation of digital economy''s effect on carbon emissions: …
However, depending upon digital technology to accelerate clean energy technology breakthroughs such as energy storage batteries and electric vehicles, fully contribute to the process of energy structure diversification and effectively adjust the regional energy structure (Wang 2021). Second, digital transformation drives green and low-carbon …
Learn More
Impact of Digital Industrialization on the Energy Industry ...
The global economy is moving into a new era characterized by digital and green development. To examine the impact of digital industrialization development on the energy supply chain, in relation to the sustainable development of China''s energy security, we discuss the nonlinear impact and transmission mechanism of digital industrialization on the supply chain of …
Learn More
Leveraging the power of artificial intelligence toward the energy ...
We examine the effect of artificial intelligence on global energy transition. The role of digital economy is considered when assessing their relationship. Results show that …
Learn More
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 energy power...
Learn More
The Impact and Mechanism behind the Effect of a Digital Economy …
Digital technologies hold significant potential for addressing environmental issues, such as air pollution and rising global temperatures. China is focusing on accelerating the dual …
Learn More
Digitalization and Energy – Analysis
Over the coming decades, digital technologies are set to make energy systems around the world more connected, intelligent, efficient, reliable and sustainable. Stunning advances in data, analytics and connectivity are enabling a range of new digital applications such as smart appliances, shared mobility, and 3D printing.
Learn More
Future energy infrastructure, energy platform and energy storage
The energy platform is made of three key components: the energy cloud for the generation, distribution and storage of electricity, the digital platform for industry and customers to jointly manage the energy infrastructure, and the transaction platform for trading and services.
Learn More
Future energy infrastructure, energy platform and energy storage
The energy platform is made of three key components: the energy cloud for the generation, distribution and storage of electricity, the digital platform for industry and …
Learn More
Does Digital Economy Successfully Drive Down the Energy …
The Chinese government proposes to build the Digital China, containing the building of a digital economy, digital community and digital government, to drive the change of …
Learn More
Powering the digital economy
Many commercial users in energy-intensive industries can already save money through storage (exhibit), particularly those in high-cost states. Improved back-up reliability and resilience are other benefits. The …
Learn More
Does Digital Economy Successfully Drive Down the Energy …
The Chinese government proposes to build the Digital China, containing the building of a digital economy, digital community and digital government, to drive the change of production, lifestyle and governance with the development of the digital economy as a whole, and to increase the part of the increased value of the digital economy core industries from 7.4% to …
Learn More
Digitalization and Energy – Analysis
Over the coming decades, digital technologies are set to make energy systems around the world more connected, intelligent, efficient, reliable and sustainable. Stunning advances in data, analytics and connectivity are …
Learn More
Leveraging the power of artificial intelligence toward the energy ...
We examine the effect of artificial intelligence on global energy transition. The role of digital economy is considered when assessing their relationship. Results show that artificial intelligence accelerates energy transition. Such effects are heterogenous under different socioeconomic conditions.
Learn More
Demands and challenges of energy storage technology for future …
2 · According to data from the Energy Storage Industry Alliance, in 2020–2023, China''s installed power energy storage capacity grew from 35.6 to 86.5 GW. Pumped storage is still the main body of energy storage, but the proportion of about 90% from 2020 to 59.4% by the end of 2023; the cumulative installed capacity of new type of energy storage, which refers to other …
Learn More
Digital economy development and carbon emission …
This paper employs two-way fixed effects models, mediation models and spatial panel models to examine the impact of digital economy development on carbon emission intensity in 72 countries from ...
Learn More
OECD Digital Economy Outlook 2024 (Volume 2)
Rapid technological changes characterise the most recent phase of digital transformation, bringing opportunities and risks for the economy and society. Volume 2 of the OECD Digital Economy Outlook 2024 examines new directions in digital priorities, policies and governance across countries. It further analyses developments in the foundations that support digital …
Learn More
The Impact and Mechanism behind the Effect of a Digital Economy …
The digital economy speeds up clean energy advancement; enhances energy extraction efficiency enables continuous tracking and evaluation of energy storage, transmission, and distribution; reduces unnecessary energy losses; and enhances energy utilization efficiency. IoT, big data, artificial intelligence, and other technologies can assist energy managers in …
Learn More
Powering the digital economy
Many commercial users in energy-intensive industries can already save money through storage (exhibit), particularly those in high-cost states. Improved back-up reliability and resilience are other benefits. The aggregation of distributed batteries into virtual power plants could even allow business customers to sell power back to the grid.
Learn More
Impacts of Environmental Pollution and Digital Economy on the …
This study explores the impacts of environmental pollution and the digital economy on the new energy industry with panel data on 30 Chinese provinces from 2005 to 2020. Mean group regression was performed, and fully modified OLS and dynamic OLS were conducted to check the robustness of the results. The authors reached two conclusions: (1) …
Learn More
Digital transformation in the energy sector: Comprehensive …
From an economic perspective, digital transformation reduces operational costs, fosters market expansion, and empowers consumers through customized energy solutions and demand-side...
Learn More
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 …
Learn More
Digital transformation in the energy sector: Comprehensive review …
From an economic perspective, digital transformation reduces operational costs, fosters market expansion, and empowers consumers through customized energy solutions …
Learn More
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 …
Learn More
How does digital economy development affect renewable energy …
The digital economy, known for its permeability and platformization, reduces information asymmetry, lowers production costs, and optimizes resource distribution, facilitating accelerated growth of renewable energy worldwide [5].The digital economy has become an essential engine for global economic growth and a novel impetus for innovation in industrial …
Learn More
Demands and challenges of energy storage technology for future …
2 · According to data from the Energy Storage Industry Alliance, in 2020–2023, China''s installed power energy storage capacity grew from 35.6 to 86.5 GW. Pumped storage is still the main body of energy storage, but the proportion of about 90% from 2020 to 59.4% by the end …
Learn More
Study on the Synergistic Evolutionary Effects of China''s …
The burgeoning digital economy has facilitated a transformation and upgraded within the energy industry, which, in return, continually guarantees robust energy security for the expansion of the digital economy. China''s digital …
Learn More
Energy structure, digital economy, and carbon emissions: evidence …
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 impact of energy structure and digital economy on carbon emissions by panel data from 2011 to 2017 in 30 provinces of China. The results show that the energy structure mainly based on …
Learn More
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 energy power systems.
Learn More
