Publications

Cooperate or Compete? Insights from Simulating a Global Oil Market with No Residual Supplier

IAEE

Bertrand Rioux, Axel Pierru, Abdullah AlJarboua, Fatih Karanfil, Shahd Alrashed, Colin Ward

Renewable Energy Development in the Gulf Cooperation Council Countries: Status, Barriers, and Policy Options

MDPI

Noura Mansouri, Aisha Al-Sarihi

Why is the EU Carbon Price at a Record €60 per Tonne?

Fateh Belaïd, Marie Petitet

Carbon prices soared above €60/tonne for the first time on August 30, 2021, with the expectation of tightened environmental legislation. These prices made a new record on the European Union Emission Trading System (EU ETS), the European Union’s carbon market.…

Belaïd, Fateh

Marie Petitet

How Realistic Is Hydrogen for Electrification?

Shahid Hasan, Rami Shabaneh

Hydrogen has gained considerable global support in the energy policy discourse on how to meet decarbonization targets. Due to its clean-burning properties and versatility, hydrogen is being examined as an alternative fuel source to reduce greenhouse gas (GHG) emissions in…

Hasan, Shahid

Shabaneh, Rami

The Economics and Resource Potential of Hydrogen Production in Saudi Arabia

Shahid Hasan, Rami Shabaneh

Energy transition discussions, policymakers are increasingly viewing hydrogen as a preferred emissions-free substitute for oil, natural gas and coal in hard-to-abate sectors. However, hydrogen is not a primary energy source but rather is a carrier of energy. Many factors, including…

Hasan, Shahid

Shabaneh, Rami

Understanding the Dynamics of the Renewable Energy Transition: A Determinant Index Approach

Fatih Yılmaz

Renewable energy is a key component of global energy transitions. To better identify its dynamics, this study constructs a composite index to measure countries’ renewable energy transition potential. Based on two decades of academic research, we identify 45 main enabling…

Yılmaz, Fatih

Integrated Oil Companies and the Requiem for a Transition: How Are They Coping with Climate Change?

Majed A. Al Suwailem, Bertrand Rioux

Integrated oil and gas (O&G) companies operate vertically integrated businesses that span the O&G value chain. In this way, they can leverage expertise across multiple domains rather than just focusing on exploration and production (E&P). Examples of such companies include…

Al Suwailem, Majed A.

Rioux, Bertrand

Country Horizon: Russia

Zlata Sergeeva, Emre Hatipoglu

This report provides an up-to-date overview of Russian domestic and foreign policy issues related to the oil and natural gas markets. We also discuss the potential role of hydrogen in Russia’s short-term energy strategy. We present a succinct overview of…

Sergeeva, Zlata

Hatipoglu, Emre

COP 26 Outcomes and Opportunities for Saudi Arabia and Other Arab Countries

Mari Luomi

The 2021 Glasgow Climate Change Conference, also known as COP 26, took place at a difficult juncture. Countries are still struggling with the COVID-19 pandemic and its economic consequences. The concentrations of greenhouse gases (GHGs) in the atmosphere continue to…

Luomi, Mari

KAPSARC Oil Market Outlook (KOMO)

The drivers of this quarter’s global demand outlook stem from multiple factors (i.e., a slower roll-out of vaccinations in developing countries, multiple continued lockdowns in several countries due to fears of the COVID-19 omicron variant, a slowdown in long-haul travel,…

The Role of Building Energy Efficiency in Shaping the Energy Transition in Saudi Arabia: Key challenges and initiatives

Fateh Belaïd, Mohammad Aldubyan

This commentary discusses a crucial topic that has emerged in the policy and economic literature in recent years: the potential role of energy efficiency in the current energy transition. It provides a straightforward analysis of the prominent role that residential…

Belaïd, Fateh

Aldubyan, Mohammad

Sectoral Investment Analysis for Saudi Arabia

Taylor & Francis

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

Mapping and Understanding the Drivers of Fuel Poverty in Emerging Economies: The Case of Egypt and Jordan

Science Direct

Fateh Belaïd

Natural Gas Price Surge: Implications for International Energy Markets and the Way Forward

Raed Al-Mestneer, Fateh Belaïd

What Are the Reasons Behind the Soaring Gas Prices? As the Northern Hemisphere has moved into winter, the current worldwide surge in energy prices has raised fears of an energy crisis with serious implications. The focus of this brief Instant…

Al-Mestneer, Raed

Belaïd, Fateh

The Global Methane Pledge: What It Means for the Oil and Gas Industry Post-COP26

Rami Shabaneh

After two weeks of climate negotiations in Glasgow, the 2021 U.N. Climate Change Conference of the Parties (COP26) concluded successfully. Representatives of nearly 200 nations agreed to well over 50 decisions (some of which have been pending since COP24), keeping…

Shabaneh, Rami

Modeling and Forecasting Industrial Electricity Demand for Saudi Arabia: Uncovering Regional Characteristics

Jeyhun Mikayilov, Ryan Alyamani, Abdulelah Darandary, Muhammad Javid, Fakhri Hasanov, Saleh T. AlTurki, Rey B. Arnaiz

The objective of this study is to investigate Saudi Arabia’s industrial electricity consumption at the regional level. We apply structural time series modeling to annual data over the period of 1990 to 2019. In addition to estimating the size and…

Mikayilov, Jeyhun

Alyamani, Ryan

Darandary, Abdulelah

Javid, Muhammad

Hasanov, Fakhri

Saleh T. AlTurki

Rey B. Arnaiz

Energy Open Data, Energy Policy Scenario Models and Tools

The workshop brought together over 40 experts from research, academia, government and industry to exchange ideas and experiences around the theme of open data for the energy sector. Participants discussed obstacles for Saudi Arabia, including the limited availability of open…

Energy Transition in Saudi Arabia: Key Initiatives and Challenges

IAEE

Fateh Belaïd, Aisha Al-Sarihi

India’s Ambition to Achieve Net-Zero Emissions by 2070: Uncertainty and Opportunity

Yagyavalk Bhatt, Zlata Sergeeva, Brian Efird

The special report by the Intergovernmental Panel on Climate Change (IPCC) on the impacts of global warming of 1.5 degrees Celsius (°C) above pre-industrial levels highlighted the importance of achieving net-zero emissions or a carbon-neutral future. There has subsequently been…

Bhatt, Yagyavalk

Sergeeva, Zlata

Efird, Brian

The Circular Carbon Economy Index 2021 – Results

Mari Luomi, Fatih Yılmaz, Thamir Al Shehri

There is an urgent need to align global carbon dioxide and other greenhouse gas emissions with climate-safe trajectories. A broad range of technologies and approaches are needed to achieve this cost-effectively and equitably. The circular carbon economy (CCE) concept provides…

Luomi, Mari

Yılmaz, Fatih

Al Shehri, Thamir