Advancing renewable energy innovation through digital technology and supply chain digitization

Xuetao Li, Minqi Zhang, Xing Xin, Chengying Yang, Yonghong Zhang and Jianglai Dai

Energy Economics, 2025, vol. 147, issue C

Abstract: Global supply chains have been significantly disrupted by factors such as climate change and digitization. This empirical analysis provides a nuanced perspective on the interplay between renewable energy innovation, digital technology, environmental sustainability, and economic factors. The study employed the Quantile Autoregressive Distributive Lag method that examines relationships across different quantiles of the dependent variable. Findings reveal that digital technology and foreign direct investment emerged as potential tools to improve Renewable Energy Innovation (REI). The study underscores the urgent need for hands-on measures to mitigate the negative effect of population growth on natural and environmental resources. It also highlights the complex relationship between environmental protection and development, stressing the need for holistic, environmentally conscious development strategies for a sustainable future. This research has also forecasted the REI with a chosen variable by using Adaboost and results show good accuracy. Moreover, it has been suggested that policymakers must focus on population management strategies, green innovation, and capacity building to improve renewable energy innovation and natural resource market efficiency also propel sustainable efforts.

Keywords: Renewable energy innovation (REI); Sustainable development; Supply chain; Digital technology (DIGTECH); Global supply chain digitization (GSCD) (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:147:y:2025:i:c:s0140988325003810

DOI: 10.1016/j.eneco.2025.108557

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