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Exploring the Role of Robots and Artificial Intelligence in Advancing Renewable Energy Consumption

Author

Listed:
  • Gabriela Badareu

    (Faculty of Economics and Business Administration, University of Craiova, 200585 Craiova, Romania)

  • Marius Dalian Doran

    (Faculty of Economics and Business Administration, West University of Timişoara, 300223 Timișoara, Romania)

  • Mihai Alexandru Firu

    (Faculty of Economics and Business Administration, University of Craiova, 200585 Craiova, Romania)

  • Ionuț Marius Croitoru

    (Faculty of Entrepreneurship, Business Engineering and Management, National University of Science and Technology Politehnica, 060042 Bucharest, Romania)

  • Nicoleta Mihaela Doran

    (Faculty of Economics and Business Administration, University of Craiova, 200585 Craiova, Romania)

Abstract

This study investigates the relationship between artificial intelligence (AI), industrial robots, and renewable energy consumption, driven by the rapid technological advancements and widespread adoption of AI tools in various industries. This research aims to evaluate the environmental implications of these technologies, specifically their impact on renewable energy usage. Employing a comprehensive analytical framework, this study utilizes advanced methodologies, including regularization factors, to accurately estimate the effects of these variables. Through a thorough data analysis, the research quantifies how AI and industrial robots influence the shift towards renewable energy sources. The findings reveal that investments in AI significantly enhance renewable energy consumption, as demonstrated by both conventional estimation techniques and those that integrate regularization factors. Conversely, the use of industrial robots is found to have a detrimental effect on renewable energy consumption. These results have important implications for policymakers, industry leaders, and sustainability researchers. This study encourages policymakers and investors to prioritize funding for AI solutions that promote renewable energy adoption, while it advises industry managers to strategically modify their use of industrial robots to reduce their environmental impact. Ultimately, this research lays a critical foundation for future inquiries and policy initiatives aimed at aligning technological advancements with sustainable energy practices.

Suggested Citation

  • Gabriela Badareu & Marius Dalian Doran & Mihai Alexandru Firu & Ionuț Marius Croitoru & Nicoleta Mihaela Doran, 2024. "Exploring the Role of Robots and Artificial Intelligence in Advancing Renewable Energy Consumption," Energies, MDPI, vol. 17(17), pages 1-17, September.
    • Handle: RePEc:gam:jeners:v:17:y:2024:i:17:p:4474-:d:1472531
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    References listed on IDEAS

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