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Tool Development for Assessing the Strategic Development of Territorial Socio-Economic Systems for the Purposes of Energy Sector Digital Transformation

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  • Svetlana Gutman

    (Graduate School of Industrial Economics, Peter the Great St. Petersburg Polytechnic University, Saint-Petersburg 195251, Russia)

  • Viktoriia Brazovskaia

    (Graduate School of Industrial Economics, Peter the Great St. Petersburg Polytechnic University, Saint-Petersburg 195251, Russia)

Abstract

This article addresses the issue of implementing and assessing the readiness of territorial and economic systems for digital innovations in the energy industry. To achieve the goal of this research, qualitative and quantitative methods were used, including systemic and comparative analyses, a balanced scorecard (BSC), and statistical data collection and processing methods. The study resulted in a list of indicators for monitoring the readiness of the energy sector for digitization, based on which a balanced scorecard reflecting the readiness of the energy industry in countries and regional industrial complexes (RICs) was developed. A strategic map for assessing the level of readiness of the power industry for digitisation in countries and RICs was constructed using the indicator pool. The uniqueness and novelty of this study lie in the adaptation of a balanced scorecard system, aligned with a country’s or RIC’s development strategy, to determine indicators for assessing the readiness level of the considered entity for digitising the power industry. The authors establish an approach to the overall assessment and subsequent monitoring of the energy industry’s readiness for digitisation in countries worldwide and RICs.

Suggested Citation

  • Svetlana Gutman & Viktoriia Brazovskaia, 2023. "Tool Development for Assessing the Strategic Development of Territorial Socio-Economic Systems for the Purposes of Energy Sector Digital Transformation," Energies, MDPI, vol. 16(14), pages 1-16, July.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:14:p:5269-:d:1190350
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    References listed on IDEAS

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    1. Piotr F. Borowski, 2021. "Digitization, Digital Twins, Blockchain, and Industry 4.0 as Elements of Management Process in Enterprises in the Energy Sector," Energies, MDPI, vol. 14(7), pages 1-20, March.
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    3. Jafari-Sadeghi, Vahid & Garcia-Perez, Alexeis & Candelo, Elena & Couturier, Jerome, 2021. "Exploring the impact of digital transformation on technology entrepreneurship and technological market expansion: The role of technology readiness, exploration and exploitation," Journal of Business Research, Elsevier, vol. 124(C), pages 100-111.
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