Role of digital economic development in environmental transition of renewable energy sector of China.

Abstract

This research looks at how China's expanding digital economy influences the country's efforts to green its renewable energy sector. Regression tests, endogeneity tests, correlation analysis, and robustness analysis are used to investigate the relationship between digital economic development and environmental consequences in the renewable energy sector. The results of the research show a significant positive association between the expansion of the digital economy and the transition to a more sustainable energy model in the clean energy sector. Regression studies reveal that the growth of the digital economy is positively correlated with a number of environmental indicators, including the generation of renewable energy, energy efficiency, and the decrease of carbon emissions. Endogeneity analyses have shown a causal relationship between digitization and environmental benefits in the renewable energy sector. The adoption of different digital technologies is strongly correlated. Robustness study, which ensures the validity and reliability of the collected results, further supports the importance of digital economic development in driving the environmental transformation of the renewable energy sector. The study's findings have significant implications for public policy. Funding digital infrastructure, fostering partnerships between the public and private sectors, standardizing data formats and interoperability, strengthening cybersecurity safeguards, and developing pro-digital policies and regulations are all important steps that policymakers can take to promote the widespread adoption of digital technologies.