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A novelty evaluation of the impact of digitalization on energy internet value creation

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Abstract

This paper constructs a comprehensive value evaluation model of energy internet based on an integrated approach with system dynamics, the AHP-entropy method, and cloud model theory. Annual data from 2010 to 2019 is selected to assess the value creation of digital technology-orientated energy internet in China. By separating it with economic, energy, environmental, and social dimensions based on the process of energy internet value creation, the comprehensive value of digital technology-oriented energy internet is assessed from a macro perspective. Guided by the policy agenda, different scenarios of digital technology investment are set to simulate the change of energy internet value creation. The results show that digital technologies have a significantly positive impact on the comprehensive value of energy internet, with a 5.18% increase in comprehensive value under the high-investment scenario and a 1.75% increase under the low-investment scenario. While the excessive investment in digital technology will also lead to an increase in comprehensive energy consumption. The social value is the primary limiting factor for enhancing the comprehensive value created by the energy internet. The methodology proposed is versatile and supposed to broadly applicable framework for the comprehensive assessment.

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Data availability

The datasets generated during the current study are available in National Bureau of Statistics of China, http://energy.ckcest.cn/data.

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Funding

We gratefully acknowledge the following sources of financial support for this study: Major project of the National Social Science Foundation of China (Grant NO. 21&ZD108), Youth Program of National Natural Science Foundation of China (Grant NO. 72204230), National Social Science Foundation of China (Grant NO. 20BJL034), Sciences and Technology Foundation of the State Grid Corporation of China (NO. 52094021000 K).

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Contributions

All authors contributed to the study conception and design. JZ was involved in conceptualization; methodology; validation; review and editing. WZ helped in methodology; software; original draft; formal analysis; data curation; review and editing. JL contributed to resources; review and editing; supervision; funding acquisition; project administration. TN was involved in conceptualization; methodology; original draft; review and editing. SL helped in software; review and editing. GL contributed to funding acquisition; project administration. ZL was involved in resources; funding acquisition. XW helped in resources; funding acquisition. All authors read and approved the final manuscript.

Corresponding author

Correspondence to Jinkai Li.

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The authors have no financial or proprietary interests in any material discussed in this article.

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Zhang, J., Zhang, W., Li, J. et al. A novelty evaluation of the impact of digitalization on energy internet value creation. Environ Dev Sustain (2023). https://doi.org/10.1007/s10668-023-03888-5

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  • DOI: https://doi.org/10.1007/s10668-023-03888-5

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