Work

Nexus Between Digital Finance and Renewable Energy Usage: An Empirical Analysis From Twelve Selected Indian States

Year: 2025

Type: article

Abstract: This study conducts an empirical investigation into the relationship between digital finance and renewable energy usage across 12 Indian states, with a focus on both urban and rural areas. By collecting state-wise data from 2008 to 2022 and employing various panel techniques, the research finds that digital finance positively influences the adoption of renewable energy in India, including in rural and urban regions. The study recommends addressing the digital divide to enhance the utilization of renewable energy.

Source: Energy RESEARCH LETTERS

DOI: 10.46557/001c.142274

Authors: Rajesh Barik, Chinmaya Behera, Biswashree Tanaya Priyadarshini

Institutions: Birla Institute of Technology and Science, Pilani - Goa Campus, Birla Institute of Technology and Science, Pilani

Language: English

Topic: Energy, Environment, Economic Growth

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Industry, innovation and infrastructure, Affordable and clean energy, Climate action

Open Access status: diamond

OpenAlex ID: W4415533105