Publications

Modeling World Oil Market Questions: An Economic Perspective

Science Direct

The choice of a modeling approach is driven by the oil policy or market question that needs to be addressed. We provide the non-modeling community with insightful information on oil market models, shedding light on the economic interpretation of technical…

Olivier Durand-Lasserve, Axel Pierru

Sustainable Transport in Riyadh: Potential Trip Coverage of the Proposed Public Transport Network

Abu Toasin Oakil, Abdelrahman Muhsen

The transport sector has always had high energy demand and is a significant contributor to greenhouse gas (GHG) emissions and climate change. To improve energy efficiency and reduce GHG emissions, Riyadh is introducing an integrated public transport system. Per capita…

Oakil, Abu Toasin

Muhsen, Abdelrahman

Future Trends in Electricity Demand in Saudi Arabia and the Gulf Region

Long-term electricity demand projections are fundamental for power generation expansion planning and for broader energy policy formulation. Studies show that electricity demand in Saudi Arabia and the GCC region has been growing rapidly over the past decades. This growth has…

An Economic Analysis of Gas Pipeline Trade Cooperation in the GCC

Science Direct

Rami Shabaneh, Bertrand Rioux, Steve Griffiths

Building Back Better in Saudi Arabia With Energy Efficiency

Nicholas Howarth, Moncef Krarti, Thamir Al Shehri, Eric Williams, Mohammad Aldubyan, Jan Frederik Braun, Elizabeth Carey

The first priority for governments in managing the COVID-19 crisis is the health of their citizens. However, the implementation of restrictions on activity necessary for limiting the spread of the disease has caused the greatest global recession since the Great…

Howarth, Nicholas

Krarti, Moncef

Al Shehri, Thamir

Williams, Eric

Aldubyan, Mohammad

Braun, Jan Frederik

Carey, Elizabeth

Barriers to and Opportunities for Light-Duty Vehicle Electrification in India: Insights From a Survey of Experts

Rubal Dua, Scott Hardman, Yagyavalk Bhatt, Dimpy Suneja

According to the World Health Organization, India has the world’s worst air quality. Among other factors, vehicular pollution from the increasing stock of passenger vehicles has contributed to India’s deteriorating air quality. This increasing stock is also a factor in India…

Dua, Rubal

Scott Hardman

Bhatt, Yagyavalk

Suneja, Dimpy

Implications of the 2021 Iran-China Deal for the Oil Market

Emre Hatipoglu, Majed A. Al Suwailem

In late March 2021, China and Iran signed a cooperation pact to stimulate investments in Iran’s oil, gas and petrochemical infrastructure. We refer to this pact as the ‘Iran-China deal’ throughout this manuscript. This deal attracted substantial attention for its…

Hatipoglu, Emre

Al Suwailem, Majed A.

Countries’ Progress and Enablers for Circular Carbon Economies

The circular carbon economy (CCE) is a new concept, developed in detail by Saudi scholars and stakeholders since 2019 and promoted via Saudi Arabia’s Group of Twenty (G20) presidency in 2020. The CCE is conceptualized as an economy in which…

Flight and Passenger Flows in Saudi Arabia

Nora Nezamuddin, Abdelrahman Muhsen

The Kingdom of Saudi Arabia (KSA) has four major international airports. They are King Khalid International Airport (RUH), King Abdulaziz International Airport (JED), King Fahd International Airport (DMM) and Prince Muhammed Bin Abdulaziz International Airport (MED). Before the COVID-19 pandemic,…

Nezamuddin, Nora

Muhsen, Abdelrahman

How Can Energy Storage Catalyze the Electricity Policies of Gulf Cooperation Council Members? Issues and Options

Rolando Fuentes, Shahid Hasan, Frank Felder

Saudi Arabia and other Gulf Cooperation Council (GCC) members are working in parallel to reform their electricity markets and achieve ambitious renewable energy deployment goals. The motivation for this agenda is multifaceted, and increasing economic efficiency is one of several…

Fuentes, Rolando

Hasan, Shahid

Felder, Frank

A Saudi Perspective on COP26 and Current Initiatives

The Oxford Institute for Energy Studies

The 26th Conference of the 197 Parties (COP) who make up the UN Framework Convention on Climate Change will take place in Glasgow, Scotland, from 1 to 12 November 2021. Negotiations will be conducted in the shadow of the dire…

Noura Mansouri, Aisha Al-Sarihi

Resilient Cities in the Gulf Cooperation Council

KAPSARC hosted a webinar, “Resilient Cities in the Gulf Cooperation Council,” on July 20, 2020, to discuss the relationships between governmental leads and non-governmental capabilities to support risk mitigation policy formulation. The webinar drew global participants from diverse sectors and…

Projecting Saudi Sectoral Electricity Demand in 2030 Using a Computable General Equilibrium Model

Salaheddine Soummane, Frédéric Ghersi

Projecting future demand for electricity is central to power sector planning, as these projections inform capacity investment requirements and related infrastructure expansions. Electricity is not currently economically storable in large volumes. Thus, the underlying drivers of electricity demand and potential…

Soummane, Salaheddine

Frédéric Ghersi

Keeping the Nuclear Energy Option Open

The Oxford Institute for Energy Studies

Noura Mansouri

Sectoral Employment Analysis for Saudi Arabia

Taylor & Francis

Jeyhun Mikayilov, Fakhri Hasanov, Muhammad Javid

Climate and Power System Reliability in the Aftermath of the Texas Blackouts

Marie Petitet, Burcin Unel, Rolando Fuentes, Frank Felder

The February 2021 blackout in Texas underscored the importance of reliable and resilient power systems. In this commentary, we discuss the roles of regulators, markets, fuel and generation supply chains, and interdependent infrastructures, and finds that they need to be…

Marie Petitet

Burcin Unel

Fuentes, Rolando

Felder, Frank

Sectoral Investment Analysis for Saudi Arabia

Muhammad Javid, Fakhri Hasanov, Carlo Andrea Bollino, Marzio Galeotti

This study aims to investigate the determinants of short- and long-run investment behavior in Saudi Arabia for eight non-oil sectors. Saudi Arabia is currently proceeding with its historic Vision 2030 reform plan, which aims to significantly increase the private sector’s…

Javid, Muhammad

Hasanov, Fakhri

Bollino, Carlo Andrea

Galeotti, Marzio

Saudi Non-oil Exports Before and After COVID-19: Historical Impacts of Determinants and Scenario Analysis

Fakhri Hasanov, Fred Joutz, Muhammad Javid

The diversification of the non-oil sector, including its exports, is at the core of Saudi Vision 2030. This study investigates Saudi non-oil exports in a novel way. Specifically, it differs from previous studies on this topic owing to its modeling…

Hasanov, Fakhri

Joutz, Fred

Javid, Muhammad

Are Consumers Myopic About Future Fuel Costs? Insights from the Indian two-wheeler market

Prateek Bansal, Rubal Dua, Rico Krueger, Daniel Graham

India has the world’s third highest carbon dioxide (CO2) emissions, after China and the United States. The transportation sector is the third largest contributor to carbon dioxide emissions in India, accounting for roughly 11% of all carbon dioxide emissions in 2016. Road transport accounts for around…

Bansal, Prateek

Dua, Rubal

Rico Krueger

Daniel Graham

KAPSARC Oil Market Outlook (KOMO)

The drivers of this quarter’s significant demand growth will be the reopening of COVID-related shutdowns/behaviors, continued economic recovery and seasonal consumption patterns. We anticipate that the most significant quarter-on-quarter (QoQ) growth will come from the U.S., followed by the OECD…