Transformation of the Energy Sector in Conditions of Digital Economy

Efimova, Nina; Ручкина, М. О.; Tereshina, Olga Yu.

doi:10.33383/2018-121

Cited by 3 publications

(4 citation statements)

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“…It is worth mentioning that the revenues of segments covered by key trends are growing at a rate of several to tens of percent per year (and digitally advanced sectors are growing on average 2.8 times faster than other sectors) and are projected to grow further [50], with significant competitive advantages and savings. As already mentioned, the development of the digital economy applies to every area, including the energy sector [51,52]. The current challenges and opportunities related to the digitization of the energy sector and the development of this area of the economy include: [53][54][55]:…”

Section: The European Union's Digital Economy and Society And Digital Convergencementioning

confidence: 99%

Developing Digital Economy and Society in the Light of the Issue of Digital Convergence of the Markets in the European Union Countries

et al. 2021

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The main objective of the paper is to present the development of digital economy and society in the Countries of the European Union in the light of the digital convergence of these markets. The analysis was based on the data on the Digital Economy and Society Index (DESI) from 2015 and 2020. Empirical studies have been conducted in two stages. First, basic measures of time series dynamics were used to determine the dynamics of changes in index values. On the other hand, in order to classify countries in terms of similarity of value and structure of the DESI, a cluster analysis was used as one of the basic methods of the so-called unsupervised statistical grouping. The studies presented confirm that the levels of indicators and the dynamics of changes in their value at the level of the synthetic DESI indicator, and in the five underlying areas of analysis, vary despite the fact that almost all are pro-growth, including for isolated clusters of EU-28 countries. When analyzing the DESI synthetic index and its components, it was concluded that there is generally an increase in convergence between the EU-28 countries in terms of the level of development of the digital economy and society, as well as in four components: Connectivity, Human Capital, Use of Internet Services and Digital Public Services. The Integration of Digital Technology area was the only one where increasing polarization of results was observed. The added value of the paper is to fill the research gap in research on the digital convergence of markets in the Countries of the European Union.

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Section: The European Union's Digital Economy and Society And Digital Convergencementioning

confidence: 99%

Developing Digital Economy and Society in the Light of the Issue of Digital Convergence of the Markets in the European Union Countries

et al. 2021

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“…Companies in this sector should adapt quickly to the requirements of digital transformation, especially in the case of incumbent companies, for which it can ensure survival. It is postulated that the use of new technologies, including ICT, is an opportunity to guarantee a reliable, resilient, cost-effective and lowcarbon energy system (Efimova et al, 2018;Angelopoulos et al, 2019;Morkovkin et al, 2020).…”

Section: Discussionmentioning

confidence: 99%

“…The energy sector is undergoing critical reforms resulting from changes in international regulations, which are shaping a new framework for the functioning of the market (Angelopoulos, Kontakou & Polla-lis, 2019). In 2014, the European Union formulated a clear strategy for the energy sector, assuming a safe and effective transformation meeting the requirements related to changes in the climate and energy (Efimova, Ruchkina & Tereshina, 2018). Polish legislation has responded to European Union regulations in the field of energy and climate policy.…”

Section: Introductionmentioning

confidence: 99%

The importance of resources in achieving the goals of energy companies

Chwiłkowska-Kubala,

Malewska,

Mierzejewska

2023

Engineering Management in Production and Services

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The fundamental transformation of the global energy sector challenges Polish energy companies to define new organisational goals. To a large extent, these objectives determine an energy company’s competitive position and ability to develop in the long term. However, achieving the set goals requires adequate resources. This paper mainly aims to identify and assess the resources used to achieve organisational goals in Polish energy companies. Based on a literature review and data collected from 110 Polish energy companies, the authors identified and assessed resources for achieving their organisational goals. The study confirmed that the organisational goals pursued by energy companies are interrelated. Analysis of the results of the basic organisational goals postulated by Polish energy companies showed that economic goals, such as “market share growth”, “implementation of innovative solutions”, and “quality of products/services”, are among the most important. The study showed that the resources held by energy companies are important for implementing separate organisational goals. Human resources received the highest rating and were considered of the greatest importance for the implementation of the goals of “sector development”, “uninterrupted energy supply”, and “sustainable development”. The paper assesses and discusses the characteristics of Polish energy companies’ organisational resources and organisational goals. The contribution of this study is the highlighted importance of resources in achieving the organisational goals of Polish energy companies. The main practical implication of this article is to stress the existence of links between the individual goals of companies in the energy sector and to highlight the importance of the different resource categories they possess for achieving specific objective bundles.

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“…It is pointed out that optimizing the level and quality of the digital economy and adopting differentiated digital economy development policies based on energy efficiency are conducive to achieving the goal of carbon emission reduction [14]. Efimova, N. A. et al elaborated that in the context of the rapid development of the digital economy, there is an increasing demand for electricity, and energy, and a growing concern about the problems and solutions of energy conservation and energy efficiency, as well as an in-depth discussion of the interconnection between energy efficiency and environmental issues [15]. Zhou, J. et al based on the data from 30 provinces in China from 2011 to 2018, used spatial and threshold models to empirically test the impact of the digital economy on haze pollution and its spatial spillover effect.…”

Section: Introductionmentioning

confidence: 99%

Exploring the Impact of Digital Economic Development on Green Energy Consumption of Rural Residents Using Principal Component Analysis Methods

2024

Applied Mathematics and Nonlinear Sciences

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The digital economy has become an important driving force for green energy consumption, and its impact has covered rural areas. This paper establishes a comprehensive evaluation model of green energy consumption based on group principal component analysis, and at the same time establishes evaluation indicators of the green energy consumption level of rural residents to explore the impact of the development of the digital economy on green energy consumption. Based on the comprehensive evaluation model and evaluation indexes, the green energy consumption level of rural residents in the “2+26” cities and the three major economic zones is analyzed. The rural areas with higher green energy consumption levels by 2022 include Tangshan, Jining, and Kaifeng, with 0.794, 0.788, and 0.852, respectively. The willingness of rural residents in the three major economic zones to consume green energy is in line with the trend of the degree of development of the digital economy, in which the willingness to consume green energy is highest among rural residents under the age of 20 in the eastern region, with an average of 4.81. At the same time, the development of the digital economy has a direct effect on the level of consumption of green energy. The regression coefficient of the direct effect on the level of green energy consumption is 0.289. Overall, the development of the digital economy has a greater promotion effect on the level and willingness of rural residents to consume green energy.

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Transformation of the Energy Sector in Conditions of Digital Economy

Cited by 3 publications

References 1 publication

Developing Digital Economy and Society in the Light of the Issue of Digital Convergence of the Markets in the European Union Countries

Developing Digital Economy and Society in the Light of the Issue of Digital Convergence of the Markets in the European Union Countries

The importance of resources in achieving the goals of energy companies

Exploring the Impact of Digital Economic Development on Green Energy Consumption of Rural Residents Using Principal Component Analysis Methods

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