Information communication technology, globalization, and energy poverty: Prospects for sustainable development in the N‐11 countries

Chenxi Wang, Xingguang Pan, Deli Wang and Muhammad Wasif Zafar

Sustainable Development, 2024, vol. 32, issue 6, 7156-7170

Abstract: Energy poverty is a significant barrier to sustainable development, affecting millions of people worldwide. However, technology offers innovative solutions that can bridge the energy gap and promote access to reliable and affordable energy services. In this study, we analyze the impact of ICT and globalization on energy poverty in N‐11 countries from 1990 to 2021, utilizing education, financial development, and economic growth as control variables. Results explain that the impact of ICT on energy poverty in lower quantiles appears to be relatively weak and positive, suggesting that it may be of limited effectiveness in reducing energy poverty in the most vulnerable populations. At higher quantiles, however, the impact becomes increasingly hostile, which suggests that higher ICT levels may exacerbate energy poverty among those who are already experiencing it. Energy poverty tends to decrease as globalization increases, as evidenced by the statistically significant negative coefficients across all quantiles. At the 10th percentile (Q0.1), an increase of one unit in globalization is associated with a reduction of 0.898 in energy poverty. Similarly, at the 90th percentile (Q0.9), an increase of one unit in globalization increases to 0.050 in energy poverty. It is possible to optimize resource utilization, reduce costs, and increase energy access through regional energy cooperation frameworks, such as cross‐border electricity grids or gas pipelines. In order to promote sustainable energy practices among citizens, the government should prioritize investing in clean energy projects, promoting energy conservation, and raising awareness of the importance of sustainable energy practices.

Date: 2024
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https://doi.org/10.1002/sd.3077

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Persistent link: https://EconPapers.repec.org/RePEc:wly:sustdv:v:32:y:2024:i:6:p:7156-7170

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