Lowering Saudi Arabia’s fuel consumption and energy system costs without increasing end consumer prices Energy Economics Using a multi-sector equilibrium model of the Saudi energy system that handles administered prices in a mixed-complementarity formulation, we present results from a set of policy scenarios that lower oil consumption in the country. Some of these scenarios are the… وليد مطر, فريدريك ميرفي, أكسل بيريو, برتراند ريو
Why build energy models as MCPs? An economic perspective فريدريك ميرفي, أكسل بيريو The discipline of microeconomics focuses on the outcomes of the actions of economic agents, where economic agents can be individuals as producers and consumers or organizations that deliver goods or services. Microeconomists have developed a collection of models to understand… فريدريك ميرفي أكسل بيريو
The impact of oil price volatility on welfare in the kingdom of saudi arabia: Implications for public investment decision-making Energy Journal Since real oil price is positively correlated with real consumption and domesticincome in Saudi Arabia, a risk premium needs to be considered when assessingthe net present value of oil-related public investment projects. For projects generatingadditional oil exports, this risk premium… أكسل بيريو, وليد مطر
نقاط الضعف الاقتصادية والطاقية Lowering Saudi Arabia’s fuel consumption and energy system costs without increasing end consumer prices وليد مطر, فريدريك ميرفي, أكسل بيريو, برتراند ريو Saudi Arabia aims to reduce the growth of its energy demand. This paper outlines an approach that could help the country to reduce substantively its current fuel consumption and could result in a net economic gain without increasing current end… وليد مطر فريدريك ميرفي أكسل بيريو برتراند ريو
Capital structure in LNG infrastructures and gas pipelines projects: Empirical evidences and methodological issues Energy Policy This paper provides new empirical insights on the capital structure of project-financed LNG infrastructures and gas pipeline projects, by using data relating to projects whose financial close occurred between June 2004 and March 2011. Most results are consistent with the… أكسل بيريو
A simple approach to valuing a multinational firm’s tax shields Applied Financial Economics We consider a multinational firm that seeks to maximize its total amount of interest tax shield while following a constant debt ratio policy on a global level. The firm’s total interest tax shield can then be considered as a piecewise-linear… أكسل بيريو, طارق عطاالله
Sensitivity of policy simulation to benchmark scenarios in CGE models: illustration with carbon leakage UCL CORE Discussion Paper 2012/63 In a Computable General Equilibrium (CGE) setting, we show how the cost of a carbon policy for an open economy depends on the assumptions made about future exogenous structural changes. For dynamic CGE models, we propose an analytical framework derived from static… أوليفير دوراند لاسيرف, أكسل بيريو
Country risk, ownership concentration and debt ratio of gas transport projects: a statistical analysis Energy Procedia أكسل بيريو
Effects of the uncertainty about global economic recovery on energy transition and CO2 price MIT CEEPR Working Paper WP 11-005 أكسل بيريو, Yves Smeers
Financing mix and project valuation: alternative methods and possible adjustments Kolb Series in Finance, John Wiley & Sons, Inc., Hoboken, New Jersey أكسل بيريو
Examining the role of financial investors and speculation in oil markets Journal of Alternative Investments أكسل بيريو
Le modèle de Pakravan (1981), le modèle de Pindyck (1978), p. 193-198, Calcul économique et prix du CO2 en univers incertain, un retour sur la loi d’Hotelling, p. 660-661 in “Energie, économie et politiques” (Jean-Pierre Hansen and Jacques Percebois) De Boeck, Bruxelles أكسل بيريو
Allocating the CO2 emissions of an oil refinery with Aumann-Shapley prices: a reply Energy Economics أكسل بيريو
WACC and free cash flows: a simple adjustment for capitalized interest costs Quarterly Review of Economics and Finance أكسل بيريو
Uncertain long-run emissions targets, CO2 price and global energy transition: a general equilibrium approach Energy Policy أكسل بيريو, Yves Smeers
Speculation without oil stockpiling as a signature: a dynamic perspective OPEC Energy Review أكسل بيريو
Uncertain long-run emissions targets, CO2 price and global energy transition: a general equilibrium approach Energy Policy The persistent uncertainty about mid-century CO2 emissions targets is likely to affect not only the technological choices that energy-producing firms will make in the future but also their current investment decisions. We illustrate this effect on CO2 price and global… أوليفير دوراند لاسيرف, أكسل بيريو
Allocating the value of an open-loop optimal control problem between its state variables Optimal Control Applications and Methods أكسل بيريو
