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Abstract

Purpose – The results of this study highlight the importance of advanced technologies in combating energy poverty. Design/methodology/approach – The study focuses on a group of 99 developing countries spanning from  2000 to  2021. It applies different estimation methods such as OLS with fixed effects, Driscoll-Kraay with fixed effects and Gneralized Least Squares (GLF). Findings – The main conclusion is that advanced technologies significantly reduce energy poverty in developing countries. Similarly, this effect remains robust by changing the estimation technique, including the GMM and Tobit models. Furthermore,  we observed that the impact  of advanced technologies on all alternative measures of energy poverty remains robust to the main result. By adding natural resources in the model, it is apparent that natural resources have an inverse impact  on energy poverty. By taking into account the heterogeneity of income level of each country, the effect is more important in high-income developing countries. Followed by intermediary and middle-income countries. In the underdeveloped world, we discovered an inverse impact  of technological readiness on the consumption of energy.  Policy suggestions  are provided. Originality/value – The paper balances   the existing literature by examining  how peak technology influences energy poverty in emerging markets.