doi: 10.18178/joebm.2023.11.4.766
Prospects for Global Energy Transition and Digital Integration
Li Hong
- Willfar Information Technology Co. Ltd., Changsha, China.
Abstract
This study delves into the realms of energy transition and digitalization, drawing upon the foundations of sustainable development, energy economics, low-carbon economy, and energy substitution theories. Adopting an international political economy perspective, it meticulously analyzes the prevailing trajectories of energy transition and digital integration. By juxtaposing the energy transition strategies employed by prominent global economies, such as the United States, China, Japan, and Middle Eastern nations, invaluable insights are garnered for the benefit of China’s own endeavors. Ultimately, a set of comprehensive recommendations is proffered to guide national and corporate pursuits in the realms of energy transition and digitalization: 1) Articulate a definitive pathway toward renewable energy in the forthcoming era; 2) Meticulously select transitional energy sources, aligning them with prevailing contextual realities; 3) Foster an environment conducive to technological innovation and digital transformation; 4) Astutely seize the opportunities presented by big data to propel business and commercial model innovation.
Keywords
- Energy transition
- digitalization
- low-carbon economy
How to Cite
Li Hong, "Prospects for Global Energy Transition and Digital Integration," Journal of Economics, Business and Management, vol. 11, no. 4, pp. 223-226, 2023. https://doi.org/10.18178/joebm.2023.11.4.766
Copyright & License
Copyright © 2023 by the authors. This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).