Assessing the Environmental and Economic Impacts on Industry Informatization for Ningxia’s Renewable Energy Development

Authors

  • Huijun Wang Ph.D. Candidate, School of Management and Marketing, Taylor's Business School, Taylor’s University, Selangor, Malaysia, Associate Professor, Department of Economics and Management Science, Xinhua College of Ningxia University, Yinchuan, China Author
  • Weiying Chong Associate Professor, School of Management and Marketing ,Taylor's Business School, Taylor’s University, Selangor, Malaysia Author
  • Xiaohuan Dong Professor, School of Economics and Management, Ningxia University, Yinchuan, China Author
  • Bingnan Wang Ph.D., Department of International Applied Technology, Yibin University, Yibin, China, General Manager, Ningxia Guoxin Inspection & Research Co. Ltd., Yinchuan, China Author
  • Bofan He Ph.D. Candidate, School of International Business, Zhejiang Yuexiu University, Shaoxing, China Author

DOI:

https://doi.org/10.52152/3949

Keywords:

Renewable Energy, Information Environment, Green Economy, Informatization Process, Solar Energy

Abstract

This paper analyzes the informatization process of Ningxia's renewable energy industry, its impact on the environment and economy, and uses the coupling coordination degree and grey correlation method to construct a system covering government policies, technological progress, new energy development trends, natural environment and other factors, which can comprehensively evaluate the informatization process in Ningxia and the impact on local renewable energy. Firstly, the coupling coordination degree is used to calculate the relationship between industrial information and renewable energy, and then the gray correlation analysis method is used to evaluate the impact index of Ningxia's renewable energy industry informatization, and corresponding suggestions are taken. The results of the model analysis show that the informatization of Ningxia's renewable energy industry can have a positive impact on the environment and economic development, and there is a strong correlation between the informatization process of Ningxia's renewable industry and government support, Ningxia's economic level, and natural environment quality. The process of informatization is closely related to government policies, technological progress, new energy development trends, and environmental factors, and the optimization of the new energy structure can improve the sustainability of Ningxia's economy, so improving the above content can promote the development process of renewable energy in Ningxia.

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Published

2024-08-06

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Articles