Electricity Sector Transitions Adding Photovoltaics to the Saudi Power System: What are the Costs of Intermittency? Amro Elshurafa, Walid Matar Intermittent generation from wind or photovoltaics (PV) imposes a cost on the power systems in which they are deployed. These costs vary regionally due to different fuel costs and ramping flexibility of existing grid capacities. With 2015 as a reference… Elshurafa, Amro Matar, Walid
Future of Natural Gas Markets LNG for Africa Though Africa is traditionally considered as an exporter of pipeline gas and liquefied natural gas (LNG), in future it could come to be seen as an LNG market. Until recently, financing issues, market conditions, price sensitivity and the small size…
Leveraging Intellectual Capital to Enhance Collaboration and Technology Deployment While Mitigating Freedom to Operate Risks in the Partitioned Zone Majed A. Al Suwailem Saudi Arabian Chevron, Inc. (SAC) established a robust, evergreen Intellectual Property Program to manage its intellectual property assets across the onshore portioned zone. The program applies Chevron’s intellectual property asset management system and accounts for government regulations and specific intellectual… Al Suwailem, Majed A.
A tutorial on building policy models as mixed-complementarity problems Interfaces After 50 years of development, building and solving mixed-complementarity problems (MCPs) have become commonplace for policy models that analyze markets. These models are used to develop policies that reshape markets, or introduce markets that replace other organizational forms. In this… Frederic Murphy, Axel Pierru, Yves Smeers
Economic impacts of debottlenecking congestion in the Chinese coal supply chain Energy Economics The fast pace of development in China’s coal industry created bottlenecks in its transportation infrastructure. These bottlenecks likely affected not only China’s domestic coal market, but also global coal markets. In this paper, we estimate the costs and consequences of… Bertrand Rioux, Philipp Galkin, Frederic Murphy, Axel Pierru
Electricity Sector Transitions Is unbundling electricity services the way forward for the power sector? Electricity Journal High penetration of distributed energy resources will lead to further fragmentation of the power sector, both in the services offered and its value chain. Successful business models will be those that are able to create new products, establish more efficient… Rolando Fuentes
Macroeconomic Impacts of Oil and Gas Discoveries in New Producing Countries Macroeconomic impacts from developing a country’s natural resources can occur much earlier than initially expected. There is evidence that just the announcement of a large oil or gas discovery can affect the economy.
Productivity and Economic Diversification Evaluating Building Energy Efficiency Investment Options for Saudi Arabia Kankana Dubey, Nicholas Howarth, Moncef Krarti This study suggests that energy efficiency programs in buildings can provide up to a 27 percent reduction in electricity consumption and a 30 percent reduction in peak electricity demand for Saudi Arabia. It is well recognized, however, that given the… Dubey, Kankana Howarth, Nicholas Krarti, Moncef
Productivity and Economic Diversification Impacts of Higher Energy Efficiency on Growth and Welfare Across Generations in Saudi Arabia Energy policies in the oil-rich countries of the Gulf Cooperation Council (GCC) region influence their domestic growth in the long run. Accordingly, they also redistribute income across generations over long periods. In this paper, we use MEGIR-SA to assess the…
Productivity and Economic Diversification Macroeconomic and Welfare Effects of Energy Policies in Saudi Arabia: The MEGIR-SA Model MEGIR – Model with Energy, Growth and Intergenerational Redistribution – investigates the long-run implications for growth and equity across generations of different energy policies. It is the first general equilibrium model with overlapping generations to be developed and applied for…
Future of Transport and Fuel Demand Mobility-on-Demand: Understanding Energy Impacts and Adoption Potential Major transformations are taking place in the mobility sector; where a transportation system comprising of shared, fully electric, connected and driverless cars available on demand may be on the cusp of emergence. Technological developments and preferences of the next generation…
The prospects for coal-fired power generation in Saudi Arabia Energy Strategy Reviews Almost all of Saudi Arabia’s electric power generation is fueled by oil and gas. Plans for future capacity envisage nuclear and renewables supplementing this mix and thereby freeing up oil for other revenue-generating opportunities. Coal-fired generation has been promoted in… Walid Matar, Rodrigo Echeverri, Axel Pierru
Productivity and Economic Diversification Energy Productivity in the GCC: Evidence From an International Kuznets Curve Analysis Marzio Galeotti, Nicholas Howarth, Alessandro Lanza This paper explores energy productivity trends at a national level for the countries of the Gulf Cooperation Council (GCC) and puts them in an international context. This analysis can be used as part of an evidence base for setting nationally… Galeotti, Marzio Howarth, Nicholas Lanza, Alessandro
Productivity and Economic Diversification Energy Productivity as a New Growth Model for GCC Countries Marzio Galeotti, Nicholas Howarth, Alessandro Lanza Following the collapse in oil prices, Gulf Cooperation Council (GCC) countries have intensified efforts to find a new growth model which increases the welfare of their citizens, while reducing exposure to volatile energy markets. This paper argues that placing energy… Galeotti, Marzio Howarth, Nicholas Lanza, Alessandro
Emerging Issues Facing the Water-Energy-Food Nexus in the Middle East and Asia As economies in the Middle East and Asia grow and develop, there will be further strain on water, energy and food resources – each inextricably linked to the others. Much of the Middle East is energy abundant, but population growth…
Future of Transport and Fuel Demand Drivers of Transportation Fuel Demand: Aligning Future Scenarios and Policy Expectations The U.S. light-duty vehicle market represents a key test bed for some of the world’s leading vehicle regulatory policy programs. At the federal level, standards for model years 2022-2025 were established in 2012 under the Greenhouse Gas (GHG) Emissions/Corporate Average…
Energy and Economic Vulnerability Prices Versus Policy: An Analysis of the Drivers of the Fossil Fuel Energy Mix Jorge Blazquez, Baltasar Manzano Understanding how the composition of a country’s energy mix is formed in an environment where greater government involvement is anticipated due to climate change obligations is critical. This paper is part of a project analyzing drivers of the mix and… Blazquez, Jorge Manzano, Baltasar
Electricity Sector Transitions Is Unbundling Electricity Services the Way Forward for the Power Sector? Rolando Fuentes High penetration of distributed energy resources (DERs) will lead to further fragmentation of the power sector, both in the services offered and its value chain. The ‘‘local’’ component of energy policies will probably become increasingly important. Fuentes, Rolando
Does disagreement among oil price forecasters reflect volatility? Evidence from the ECB surveys International Journal of Forecasting We examine quarterly oil price forecasts from the Survey of Professional Forecasters conducted by the European Central Bank. We present three empirical findings, all of which are robust to the number of respondents considered. First, the dispersion of forecasts is… Tarek Atalla, Fred Joutz, Axel Pierru
