Does Digitalization Reduce Electricity Consumption? Evidence from Spatial Analysis

<p>This survey addresses the issue of assessing and identifying the role of digital transformation in electrical energy consumption. It is shown that spatial effects in the level of electricity consumption among Russian regions are significant. The work is based on regional data for 2010-2018....

Full description

Bibliographic Details
Main Authors: Natalia Larionova, Julia Varlamova, Julia Kolesnikova
Format: Article
Language:English
Published: EconJournals 2021-02-01
Series:International Journal of Energy Economics and Policy
Online Access:https://econjournals.com/index.php/ijeep/article/view/10500
Description
Summary:<p>This survey addresses the issue of assessing and identifying the role of digital transformation in electrical energy consumption. It is shown that spatial effects in the level of electricity consumption among Russian regions are significant. The work is based on regional data for 2010-2018. Research methods: construction of the Moran and Geary indices, estimation of spatial regression panel models with fixed effects. The Implementation of digital technologies in Russia is at the initial stage, so their impact on energy consumption is ambiguous. The model with a spatial autoregressive lag revealed that the change (increase or decrease) of the electricity consumption level in the one region entails a change of energy consumption in other regions. Since the results indicate the importance of the spatial factor in electricity consumption, the government can implement a differentiated regional policy aimed at improving the efficiency of energy use in certain regions.</p><p><strong>Keywords: </strong>Spatial panel data models, electricity consumption, digital transformation, energy saving, Russian regions</p><p><strong>JEL Classifications: </strong>O1, Q4, R1</p><p>DOI: <a href="https://doi.org/10.32479/ijeep.10500">https://doi.org/10.32479/ijeep.10500</a></p>
ISSN:2146-4553