Role of digitalization in energy storage technological innovation: Evidence from China

Hongyan Zhang, Shuaizhi Gao and Peng Zhou

Renewable and Sustainable Energy Reviews, 2023, vol. 171, issue C

Abstract: Booming digital technologies have brought profound changes to the energy sector. Digitalization in energy storage technology facilitate new opportunities toward modernized low-carbon energy systems. This study offers a technological perspective to help understand the role of digitalization in energy storage development. We depict the landscape of convergence between digital and energy storage technologies based on a patent co-classification analysis and investigate the impact of the digital transformation on energy storage innovation through a firm-level empirical analysis. 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. Meanwhile, digitalization positively promotes technological innovation in energy storage, of which digitization and Internet of Things strategy make more decisive contributions. We provide implications for the achievement of cross-regional energy systems through the internal coordination between energy storage and digitalization. The findings shed light on the coordinated development of digitalization and energy system toward a more sustainable and smart society.

Keywords: Energy storage; Digitalization; Technology innovation; Technology convergence; Energy system; Firm strategy (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032122008954
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:171:y:2023:i:c:s1364032122008954

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

DOI: 10.1016/j.rser.2022.113014

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Catherine Liu ().