Can the energy internet achieve carbon reduction?

Abstract

Based on panel data for 30 provinces in China from 2000 to 2020, this paper uses entropy method to construct the integrated development indicators of energy Internet, and explores the impact of the development of the energy Internet on reducing carbon emissions in China and its internal transmission mechanism. The research results show that the development of energy Internet can significantly reduce regional carbon dioxide emissions, and increasing the use of renewable energy is an important mechanism for the comprehensive development of energy Internet to curb carbon emissions. Heterogeneity analysis shows that the emission reduction effect brought by the development of energy Internet is more remarkable in the regions with lower carbon emissions and western China. Furthermore, this paper finds that in the setting of the development of energy Internet, the development of renewable energy can promote natural gas consumption and advance energy conversion efficiency. The government’s emphasis on regional technology development has an external strengthening effect on carbon emission reduction. The research in this paper expands and diversifies carbon reduction pathways and provides reference for more developing countries to utilize the development of energy internet to achieve carbon reduction.