IDEAS home Printed from https://ideas.repec.org/a/eco/journ2/2019-04-34.html
   My bibliography  Save this article

Development of Digital Economy in the Energy Industry-specific Modernization

Author

Listed:
  • Ivan A. Kapitonov

    (Centre of Tariff Regulation in the Energy Sector, Higher School of Tariff Regulation, Plekhanov Russian University of Economics, Moscow, Russian Federation,)

  • Tatiana G. Filosofova

    (Institute of the Trade Policy, National Research University Higher School of Economics (HSE), Moscow, Russian Federation)

  • Vitaly G. Korolev

    (Specialized Department of Federal Antitrust Authority of Russia, Moscow, Russian Federation.)

Abstract

Digitalization of economy defines the extent of possibility in the use of the single information field that could have defined the possibilities for the forecast of the enterprise s activities. The novelty of the study is in the fact that it implements the aspects of the formation of a single forecasting structure for the consumption of the energy sector s production components within a single energy information system. The paper deals with the digitalization of the energy branch based on the approach to the forecast of possible consumption of products. The practical significance of the study is defined by the fact that there is a possibility of formation of a single component on the modernization of the enterprises if they participate in applying the results of the digitalization of economy in the national production system. The implementation of the approach is illustrated by the example of the Republic of Kazakhstan.

Suggested Citation

  • Ivan A. Kapitonov & Tatiana G. Filosofova & Vitaly G. Korolev, 2019. "Development of Digital Economy in the Energy Industry-specific Modernization," International Journal of Energy Economics and Policy, Econjournals, vol. 9(4), pages 273-282.
    • Handle: RePEc:eco:journ2:2019-04-34
    as

    Download full text from publisher

    File URL: https://www.econjournals.com/index.php/ijeep/article/download/8013/4437
    Download Restriction: no
    File URL: https://www.econjournals.com/index.php/ijeep/article/view/8013/4437
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Aigerim Ibrayeva & Dmitriy V. Sannikov & Marsel A. Kadyrov & Vladimir N. Zapevalov & Elnur L. Hasanov & Vladimir N. Zuev, 2018. "Importance of the Caspian Countries for the European Union Energy Security," International Journal of Energy Economics and Policy, Econjournals, vol. 8(3), pages 150-159.
    2. repec:srs:journl:jarle:v:8:y:2017:i:7:p:2292-2297 is not listed on IDEAS
    3. August-Wilhelm Scheer, 2017. "Theses on Digitalization," Management for Professionals, in: Ferri Abolhassan (ed.), The Drivers of Digital Transformation, chapter 4, pages 33-43, Springer.
    4. repec:srs:journl:jarle:v:8:y:2017:i:8:p:2498-2503 is not listed on IDEAS
    5. Nils Urbach & Frederik Ahlemann, 2019. "Digitalization as a Risk: Security and Business Continuity Management Are Central Cross-Divisional Functions of the Company," Management for Professionals, in: IT Management in the Digital Age, pages 85-92, Springer.
    6. Isabel Soares & Óscar Afonso, 2016. "Special issue on energy economics: demand, prices, and welfare. Editor’s introduction," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 15(2), pages 57-58, August.
    7. Nils Urbach & Frederik Ahlemann, 2019. "IT Management in the Digital Age," Management for Professionals, Springer, number 978-3-319-96187-3, December.
    8. repec:ers:journl:v:special_issue:y:2018:i:1:p:63-71 is not listed on IDEAS
    9. Elvir M. Akhmetshin & Sergey I. Kopylov & Svetlana V. Lobova & Natalya B. Panchenko & G. Kostyleva, 2018. "Specifics of the Fuel and Energy Complex Regulation: Seeking New Opportunities for Russian and International Aspects," International Journal of Energy Economics and Policy, Econjournals, vol. 8(4), pages 169-177.
    10. Batyrbek ZHETPISBAYEV & Gulzira BAISALOVA & Kairatbek SHADIYEV & Amangeldy KHAMZIN & Yermek BURIBAYEV & Zhanna KHAMZINA, 2017. "Legal Support of the Process of Kazakhstan Accession to the OECD Potential for Improving Quality of Individual s Labour Rights Regulation," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 8(7), pages 2292-2297.
    11. Jan C. T. Bieser & Lorenz M. Hilty, 2018. "An Approach to Assess Indirect Environmental Effects of Digitalization Based on a Time-Use Perspective," Progress in IS, in: Hans-Joachim Bungartz & Dieter Kranzlmüller & Volker Weinberg & Jens Weismüller & Volker Wohlgemuth (ed.), Advances and New Trends in Environmental Informatics, pages 67-78, Springer.
    12. Gulzhan MUKHAMADIYEVA & Gulyiya MUKALDYEVA & Zhanar KARASHEVA & Amangeldy KHAMZIN & Yermek BURIBAYEV & Zhanna KHAMZINA, 2017. "Modernization of Social Security System Legal Regulation in Kazakhstan Experience and Standards of the OECD Members Implementation," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 8(8), pages 2498-2503.
    13. L.N. Usenko & I.N. Bogataya & N.V. Bukhov & T.B. Kuvaldina & A.V. Pavlyuk, 2018. "Formation of an Integrated Accounting and Analytical Management System for Value Analysis Purposes," European Research Studies Journal, European Research Studies Journal, vol. 0(Special1), pages 63-71.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Weilong & Yang, Xiaodong & Cao, Jianhong & Bu, Wenchao & Dagestani, Abd Alwahed & Adebayo, Tomiwa Sunday & Dilanchiev, Azer & Ren, Siyu, 2022. "Energy internet, digital economy, and green economic growth: Evidence from China," Innovation and Green Development, Elsevier, vol. 1(2).
    2. Tao Yang & Rong Wang, 2023. "Research on the Impact of Green Finance and the Digital Economy on the Energy Consumption Structure in the Context of Carbon Neutrality," Sustainability, MDPI, vol. 15(22), pages 1-19, November.
    3. Huayang Duan & Xuesong Sun, 2024. "Research on Technology Spillover of Digital Economy Affecting Energy Consumption Intensity in Beijing–Tianjin–Hebei Region," Sustainability, MDPI, vol. 16(11), pages 1-21, May.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Anatoliy V Kostruba, 2019. "The Rule of Law and its Impact on Socio- Economic, Environmental, Gender and Cultural Issues," Post-Print hal-02523001, HAL.
    2. E.M. Akhmetshin & N.A. Prodanova & S.S. Shevchenko & I.P. Ratnikova & Y.Y. Gazizyanova & O.N. Zherelina, 2018. "Current Issues of Corporate Integrated Reporting Development in Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 142-153.
    3. Svetlana Vladislavlevna Lobova & Aleksei Valentinovich Bogoviz & Yulia Vyacheslavovna Ragulina & Alexander Nikolaevich Alekseev, 2019. "The Fuel and Energy Complex of Russia: Analyzing Energy Efficiency Policies at the Federal Level," International Journal of Energy Economics and Policy, Econjournals, vol. 9(1), pages 205-211.
    4. Mahmoud A. Hammad & Sara Elgazzar & Borut Jereb & Marjan Sternad, 2023. "Requirements for Establishing Energy Hubs: Practical Perspective," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(64), pages 798-798, August.
    5. Wadim Strielkowski & Anna Sherstobitova & Patrik Rovny & Tatiana Evteeva, 2021. "Increasing Energy Efficiency and Modernization of Energy Systems in Russia: A Review," Energies, MDPI, vol. 14(11), pages 1-19, May.
    6. Angelina A. Kolomeytseva & Maria A. Maksakova, 2019. "Integration Potential in Energy Sector: Eurasian Economic Union Case," International Journal of Energy Economics and Policy, Econjournals, vol. 9(2), pages 174-181.
    7. Mohsen Ahmadi & Mahsa Soofiabadi & Maryam Nikpour & Hossein Naderi & Lazim Abdullah & Behdad Arandian, 2022. "Developing a Deep Neural Network with Fuzzy Wavelets and Integrating an Inline PSO to Predict Energy Consumption Patterns in Urban Buildings," Mathematics, MDPI, vol. 10(8), pages 1-17, April.
    8. E.M. Akhmetshin & N.A. Prodanova & L.B. Trofimova & P.S. Probin & O.G. Grigorieva & V.V. Smirnova, 2018. "Institutional Analysis of the Regulatory and Legal Framework for Financial Reporting Control in Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 130-141.
    9. Christina J. Herden & Ervin Alliu & André Cakici & Thibaut Cormier & Catherine Deguelle & Sahil Gambhir & Caleb Griffiths & Shrishti Gupta & Sahil R. Kamani & Yonca-Selda Kiratli & Máté Kispataki & Gr, 2021. "“Corporate Digital Responsibility”," Sustainability Nexus Forum, Springer, vol. 29(1), pages 13-29, March.
    10. repec:ers:journl:v:volumexxi:y:2018:i:issue4:p:268-279 is not listed on IDEAS
    11. A.N. Dunets & A.G. Muhamedieva & I.N. Sycheva & E.G. Perepechkina & I.B.Vakhrushev & A.V. Kulchytskiy, 2018. "Spatial Development of Tourism Based on the Structure Model of the Territorial Tourist Complex," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 3), pages 200-210.
    12. Malena Zielske & Tobias Held & Athanasios Kourouklis, 2022. "A Framework on the Use of Agile Methods in Logistics Startups," Logistics, MDPI, vol. 6(1), pages 1-21, February.
    13. Ivan A. Kapitonov & Vladimir I. Voloshin & Vitaly G. Korolev, 2019. "Energy Security of Territories as a Factor of Sustainable Development under the Conditions of Economic Changes," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 210-221.
    14. Esther Thiébaud & Lorenz M. Hilty & Mathias Schluep & Heinz W. Böni & Martin Faulstich, 2018. "Where Do Our Resources Go? Indium, Neodymium, and Gold Flows Connected to the Use of Electronic Equipment in Switzerland," Sustainability, MDPI, vol. 10(8), pages 1-17, July.
    15. I.N. Sycheva & E.M. Akhmetshin & A.N. Dunets & I.A. Svistula & T.A. Panteleeva & I.Yu. Potashova, 2018. "Labour Relations in Research of Socio-economic Systems," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 356-367.
    16. Maria J. Pouri & Lorenz M. Hilty, 2018. "Conceptualizing the Digital Sharing Economy in the Context of Sustainability," Sustainability, MDPI, vol. 10(12), pages 1-19, November.
    17. Azamat Amirov & Madina Kozhukhova & Gaukhar Koshebaeva & Valeryi Biryukov & Miras Zhiyenbayev, 2018. "Economic and Energy Security of the Republic of Kazakhstan," International Journal of Energy Economics and Policy, Econjournals, vol. 8(6), pages 16-21.
    18. I.N. Sycheva & Y.L. Ovchinnicov & O.Yu. Voronkova & E.M. Akhmetshin & V.V. Kolmakov & A.G. Vasilieva, 2018. "Economic Potential and Development Prospects of Small Businesses in Rural Areas," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 292-303.
    19. Marina L. Belonozhko & Stepan M. Kirichuk & Anatoly N. Silin, 2019. "Socio-Economic Aspects of the Development of Energy Companies in the Arctic Region," International Journal of Energy Economics and Policy, Econjournals, vol. 9(6), pages 318-325.
    20. I.N. Bogataya & I.A. Kislaya & G.E. Krohicheva & M.A. Kuznetsova, 2019. "Intellectual Capital and Human Resources as Objects of Accounting and Control," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(Special 2), pages 343-353.
    21. Vladimir Pavlovich Klepikov & Vladimir Vladimirovich Klepikov, 2018. "Crude Oil Logistics, Production and Refining in Northern Europe," International Journal of Energy Economics and Policy, Econjournals, vol. 8(5), pages 18-28.

    More about this item

    Keywords

    energy; industry; modeling; forecasting; economy.;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • Q47 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy Forecasting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eco:journ2:2019-04-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ilhan Ozturk (email available below). General contact details of provider: http://www.econjournals.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.