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Type :Thesis
Subject :Social Sciences
Main Author :Syahrill Mat Shariff
Title :The Significant Role of ICT Growth and Innovation in Boosting Renewable Energy Sector Growth
Content Type :still image (rdacontent)
Media Type :computer (rdamedia)
Carrier Type :online resource (rdacarrier)
Place of Production :Kuala Lumpur
Publisher :Tun Razak Graduate School
Year of Publication :February 2023
Physical Description :ill, 38 pages
Notes :Research Project Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Business Administration Universiti Tun Abdul Razak
Corporate Name :Unirazak Library
PDF Guest :Click to view PDF file

Abstract : Unirazak Library
Low carbon footprint initiative has enticed world governments around the globe to mitigate climate change in their nation. As an economy vital component and the largest carbon emission contributor, the energy sectors had begun its transition to renewable energy source to support the policy makers and to reduce dependency on raising fuel price. Many countries within the globe have launched initiatives and effort to implement and promote renewable energy throughout their nation. However, the effectiveness and success of these implementations are likely to be influenced and dependence to many factors and variables such as technology research and advancement, people, government policy, economy, geographically and importantly the innovation of indirect or support technology especially in Information and Communication Technology (ICT) sector as the enablement factors to monitor, manage and sustain the renewable energy attractiveness and effectiveness. This study uses a dimension reduction factor and regression analysis to examine correlation and causality whether the Information and Communication Technology (internet and digitalisation) growth has improved 30 countries renewable energy development within the period of 2000–2019. The findings implies a positive correlation between ICT growth with renewable energy development. However, the analysis also pointed out that inside the development of ICT, there is a positive correlation exist between CO2 emission and renewable energy growth. Internet development has the potential to boost renewable growth and efficiency, reduce carbon emission and foster domestic economy. The internet has become an important driving force that promotes the intelligent development of environmental governance in many nations while strengthen the renewable energy ecosystem by promoting efficiency. 
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