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DOI10.1016/j.eneco.2024.107321
Technological innovation and its influence on energy risk management: Unpacking China's energy consumption structure optimisation amidst climate change
Zhang, Dongyang; Zhao, Mengjiao; Wang, Yizhi; Vigne, Samuel A.; Benkraiem, Ramzi
发表日期2024
ISSN0140-9883
EISSN1873-6181
起始页码131
卷号131
英文摘要In the context of intensifying climate challenges, adept energy risk management is more pertinent than ever. This research pioneers an in-depth exploration into China's pronounced reliance on high-polluting fossil fuels, utilising a decade's worth of provincial data (2010-2020) to shed light on the intricate dynamics between technological innovation and energy consumption structure refinement. Notably, our findings unveil that technological advancements act as catalysts in streamlining energy consumption structures, serving as a bulwark against emergent climate-related risks. Yet, this positive trajectory is not immune to disruptions: volatility in crude oil futures prices has the potential to dampen these benefits, ushering in heightened financial risks. Our work further underscores pronounced regional variances; technological innovation yields diminished returns in the central and western regions compared to their eastern counterparts. An intriguing observation is the resilience exhibited by coal-dependent provinces to technological evolution, pointing towards entrenched energy infrastructure challenges. Crucially, this study is among the first to identify the dual roles of industrial structure evolution and energy pricing dynamics as mediators in energy risk management. Drawing from these insights, we advocate for a proactive harnessing of technological innovation, not merely as a tool, but as an imperative to drive China's energy transformation, foster sustainable consumption, and lay the foundation for a fortified green and low-carbon technological ecosystem.
英文关键词Technological innovation; Energy risk management; Energy consumption optimisation; Regional risk exposure; Energy transition strategies
语种英语
WOS研究方向Business & Economics
WOS类目Economics
WOS记录号WOS:001173395100001
来源期刊ENERGY ECONOMICS
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/298291
作者单位Capital University of Economics & Business; Cardiff University; Luiss Guido Carli University; Audencia
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GB/T 7714
Zhang, Dongyang,Zhao, Mengjiao,Wang, Yizhi,et al. Technological innovation and its influence on energy risk management: Unpacking China's energy consumption structure optimisation amidst climate change[J],2024,131.
APA Zhang, Dongyang,Zhao, Mengjiao,Wang, Yizhi,Vigne, Samuel A.,&Benkraiem, Ramzi.(2024).Technological innovation and its influence on energy risk management: Unpacking China's energy consumption structure optimisation amidst climate change.ENERGY ECONOMICS,131.
MLA Zhang, Dongyang,et al."Technological innovation and its influence on energy risk management: Unpacking China's energy consumption structure optimisation amidst climate change".ENERGY ECONOMICS 131(2024).
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