The Development and Issues of Energy-ICT: A Review of Literature with Economic and Managerial Viewpoints

This paper reviews the economic and managerial literature on the relationship between energy-ICT and the development of the green energy economy. It is summarized that there are four lines of existing literature on energy-ICT: cost and benefit analysis, fair competition issues, cybersecurity issues,...

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Main Authors: Jin-Li Hu, Yi-Chou Chen, Ya-Po Yang
Format: Article
Language:English
Published: MDPI AG 2022-01-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/15/2/594
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author Jin-Li Hu
Yi-Chou Chen
Ya-Po Yang
author_facet Jin-Li Hu
Yi-Chou Chen
Ya-Po Yang
author_sort Jin-Li Hu
collection DOAJ
description This paper reviews the economic and managerial literature on the relationship between energy-ICT and the development of the green energy economy. It is summarized that there are four lines of existing literature on energy-ICT: cost and benefit analysis, fair competition issues, cybersecurity issues, and promotion policy issues. Even though ICT is energy-consuming, most of the existing empirical studies support the idea that energy-ICT has net positive effects on energy savings, energy efficiency improvement, emission reduction, and economic growth at both enterprise and economy-wide levels. Energy-ICT equips the platform operator with higher bargaining power, such that a governance mechanism to assure the fair access right of each entitled participant is required. A smarter energy-ICT network also becomes riskier, and hence the cybersecurity protection is more important than before. Future research and development opportunities remain on these issues of the fair competition, cybersecurity, and promotion policy of energy-ICT.
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spelling doaj.art-44a8f80cb6a54545addc4e9d555342892023-11-23T13:38:54ZengMDPI AGEnergies1996-10732022-01-0115259410.3390/en15020594The Development and Issues of Energy-ICT: A Review of Literature with Economic and Managerial ViewpointsJin-Li Hu0Yi-Chou Chen1Ya-Po Yang2Institute of Business and Management, National Yang Ming Chiao Tung University, Taipei City 10044, TaiwanInstitute of Business and Management, National Yang Ming Chiao Tung University, Taipei City 10044, TaiwanInstitute of Business and Management, National University of Kaohsiung, Kaohsiung City 81148, TaiwanThis paper reviews the economic and managerial literature on the relationship between energy-ICT and the development of the green energy economy. It is summarized that there are four lines of existing literature on energy-ICT: cost and benefit analysis, fair competition issues, cybersecurity issues, and promotion policy issues. Even though ICT is energy-consuming, most of the existing empirical studies support the idea that energy-ICT has net positive effects on energy savings, energy efficiency improvement, emission reduction, and economic growth at both enterprise and economy-wide levels. Energy-ICT equips the platform operator with higher bargaining power, such that a governance mechanism to assure the fair access right of each entitled participant is required. A smarter energy-ICT network also becomes riskier, and hence the cybersecurity protection is more important than before. Future research and development opportunities remain on these issues of the fair competition, cybersecurity, and promotion policy of energy-ICT.https://www.mdpi.com/1996-1073/15/2/594energy-ICTcost and benefitfair competitioncybersecuritypromotion policy
spellingShingle Jin-Li Hu
Yi-Chou Chen
Ya-Po Yang
The Development and Issues of Energy-ICT: A Review of Literature with Economic and Managerial Viewpoints
Energies
energy-ICT
cost and benefit
fair competition
cybersecurity
promotion policy
title The Development and Issues of Energy-ICT: A Review of Literature with Economic and Managerial Viewpoints
title_full The Development and Issues of Energy-ICT: A Review of Literature with Economic and Managerial Viewpoints
title_fullStr The Development and Issues of Energy-ICT: A Review of Literature with Economic and Managerial Viewpoints
title_full_unstemmed The Development and Issues of Energy-ICT: A Review of Literature with Economic and Managerial Viewpoints
title_short The Development and Issues of Energy-ICT: A Review of Literature with Economic and Managerial Viewpoints
title_sort development and issues of energy ict a review of literature with economic and managerial viewpoints
topic energy-ICT
cost and benefit
fair competition
cybersecurity
promotion policy
url https://www.mdpi.com/1996-1073/15/2/594
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