- Tytuł:
- Going green with artificial intelligence: The path of technological change towards the renewable energy transition
- Autorzy:
-
Yin, Hua-Tang
Wen, Jun
Chang, Chun-Ping - Powiązania:
- https://bibliotekanauki.pl/articles/39829199.pdf
- Data publikacji:
- 2023
- Wydawca:
- Instytut Badań Gospodarczych
- Tematy:
-
AI software development
energy transition
innovation
environmental monitoring
environmental policy - Opis:
- Research background: The twin pressures of economic downturn and climate change faced by countries around the world have become more pronounced over the past decade. A renewable energy transition is believed to play a central role in mitigating the economic-climate paradox. While the architectural and computational power of artificial intelligence is particularly well suited to address the challenges of massive data processing and demand forecasting during a renewable energy transition, there is very scant empirical assessment that takes a social science perspective and explores the effects of AI development on the energy transition. Purpose of the article: This paper aims to answer two key questions: One is, how does AI software development promote or inhibit the shift of energy consumption towards renewables? The other is, under what policy interventions does AI software development have a more positive effect on promoting renewable energy consumption? Methods: We employ a dataset of 62 economies covering the period 2011–2020 to analyze the impact of AI software development on the energy transition, where possible confounders, including political and economic characteristics and time-invariant elements, are controlled using fixed-effects estimation along with specified covariates. Findings & value added: AI software development can promote the energy transition towards renewables. There is suggestive evidence that the core mechanism linking such a positive relationship tends to lie in improving innovation performance in environmental monitoring rather than in green computing. Government support for R&D in renewable energy technologies is found to be significantly beneficial for harnessing the positive impact of AI software development on the energy transition. Compared to non-market-based environmental policies, market-based environmental policies have a more significant positive moderating effect on the relationship between AI software development and energy transition.
- Źródło:
-
Oeconomia Copernicana; 2023, 14, 4; 1059-1095
2083-1277 - Pojawia się w:
- Oeconomia Copernicana
- Dostawca treści:
- Biblioteka Nauki
Artykuł