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      Once Consumers Adopt an Electric Vehicle, Do They Go Back?
      Future of Transport and Fuel Demand

      Once Consumers Adopt an Electric Vehicle, Do They Go Back?

      Rubal Dua, Prateek Bansal

      The lack of repeat adoption of low carbon technologies has implications for climate change mitigation. In this insight, we explore how many electric vehicle owners dispose of their electric vehicles and do not buy another when purchasing their next car.…

      Rubal Dua Dua, Rubal
      Prateek Bansal Bansal, Prateek
      29 June 2021
      The Circular Carbon Economy Index – Methodological Approach and Conceptual Framework
      Productivity and Economic Diversification

      The Circular Carbon Economy Index – Methodological Approach and Conceptual Framework

      Mari Luomi, Fatih Yılmaz, Thamir Al Shehri, Nicholas Howarth

      The circular carbon economy (CCE) approach, developed during Saudi Arabia’s G20 Presidency and endorsed by G20 leaders and energy ministers, can be used as a framework for holistic assessments of all available energy and emission management technologies within the confines…

      Mari Luomi Luomi, Mari
      Fatih Yılmaz Yılmaz, Fatih
      Thamir Al Shehri Al Shehri, Thamir
      Nicholas Howarth Howarth, Nicholas
      28 June 2021
      Revisiting the Impact of COVID-19 on the Demand for Transport and Gasoline
      Future of Transport and Fuel Demand

      Revisiting the Impact of COVID-19 on the Demand for Transport and Gasoline

      Nora Nezamuddin, Hatem Al Atawi

      The global outbreak of COVID-19 began in March 2020. As of April 2021, the global caseload has reached over 150 million. Governments globally have introduced various measures in an attempt to contain the virus’s spread. These measures have varied in…

      Nora Nezamuddin Nezamuddin, Nora
      Hatem Al Atawi Al Atawi, Hatem
      24 June 2021
      How Cost-Effective Are Electric Vehicle Subsidies in Reducing Tailpipe-CO2 Emissions?
      Future of Transport and Fuel Demand

      How Cost-Effective Are Electric Vehicle Subsidies in Reducing Tailpipe-CO2 Emissions?

      Tamara Sheldon, Rubal Dua, Omar Al Harbi

      The transportation sector accounts for 24% of global greenhouse gas (GHG) emissions (IEA 2020). Road transport is the most utilized mode because of its convenience (Van Essen 2008). However, it is also the most emissions intensive mode, accounting for 75%…

      Tamara Sheldon Sheldon, Tamara
      Rubal Dua Dua, Rubal
      Omar Al Harbi Omar Al Harbi
      8 June 2021
      If Renewable Energy is Getting Cheaper, Why Are Electricity Prices Increasing?
      Electricity Sector Transitions

      If Renewable Energy is Getting Cheaper, Why Are Electricity Prices Increasing?

      Salaheddine Soummane

      In this commentary, we discuss the impact of renewable energy penetration on end-user electricity prices driven by the observed development in European countries since 2000. We conclude with a discussion on how Saudi Arabia is benefiting from its development of…

      Salaheddine Soummane Soummane, Salaheddine
      6 June 2021
      Assessing the Role of Renewables in Reducing Emissions in the Saudi Power Sector Using Mixed-Integer Optimization
      Electricity Sector Transitions

      Assessing the Role of Renewables in Reducing Emissions in the Saudi Power Sector Using Mixed-Integer Optimization

      Amro Elshurafa, Hatem Al Atawi, Salaheddine Soummane, Frank Felder

      Renewable energy (RE) technologies are viewed as a critical means of reducing power sector-related emissions. Using mixed-integer optimization, we evaluate the extent to which renewable energy reduces carbon emissions in the Saudi power sector.

      Amro Elshurafa Elshurafa, Amro
      Hatem Al Atawi Al Atawi, Hatem
      Salaheddine Soummane Soummane, Salaheddine
      Frank Felder Felder, Frank
      2 June 2021
      Global Trends in Cloud Computing and Saudi Arabia’s Response

      Global Trends in Cloud Computing and Saudi Arabia’s Response

      Hatem Al Atawi, Amro Elshurafa

      As data centers become operational in the Kingdom, they will be an additional driver of long-term electricity demand. KAPSARC is actively studying these challenges and their implications for the economy by modeling and forecasting electricity demand.

      Hatem Al Atawi Al Atawi, Hatem
      Amro Elshurafa Elshurafa, Amro
      2 June 2021
      Will Shale Impede or Accelerate the Global Energy Transition?
      Future of Global Oil Markets

      Will Shale Impede or Accelerate the Global Energy Transition?

      United States (U.S.) shale has transformed oil market dynamics in ways we never thought possible. Shale oil has transformed the oil supply curve through massive supply shocks, such as the rapid increase in tight oil production over the past decade,…

      2 June 2021
      KAPSARC Oil Market Outlook
      Future of Global Oil Markets

      KAPSARC Oil Market Outlook

      Total global oil demand is expected to increase year-on-year (YoY) by 4.3 million barrels per day (MMb/d) in 2021 to 96.3 MMb/d. It is expected to further grow by 3.2 MMb/d in 2022 (300,000 barrels per day [Kb/d] less than…

      2 May 2021
      India’s Political Ambition of Implementing Plug-In Electric Vehicle Sales Targets
      Future of Transport and Fuel Demand

      India’s Political Ambition of Implementing Plug-In Electric Vehicle Sales Targets

      Yagyavalk Bhatt, Rubal Dua

      The Indian transportation sector is going through a massive transition, especially the light-duty vehicle (LDV) sector. Policymakers consider the electrification of road transport to be one of the ways of solving India’s triple problem of increasing greenhouse gas (GHG) emissions,…

      Yagyavalk Bhatt Bhatt, Yagyavalk
      Rubal Dua Dua, Rubal
      26 April 2021
      Fiscal Policy for Stability in Oil-Exporting Countries: From the Old Problems to the Challenges of COVID-19
      Energy and Economic Vulnerability

      Fiscal Policy for Stability in Oil-Exporting Countries: From the Old Problems to the Challenges of COVID-19

      Olivier Durand-Lasserve, Fatih Karanfil

      Since the Great Recession of 2008, oil-exporting countries have had to adjust their fiscal policies to respond to larger oil price variations and increased unpredictability. This commentary provides insights into the relationship between oil prices and fiscal policies in emerging…

      Olivier Durand-Lasserve Durand-Lasserve, Olivier
      Fatih Karanfil Karanfil, Fatih
      25 April 2021
      Renewable Energy in the MENA Region: Key Challenges and Lessons Learned

      Renewable Energy in the MENA Region: Key Challenges and Lessons Learned

      Fateh Belaïd, Elias Boukrami, Razan Amine

      Many pieces of evidence showing that investments in energy transition can boost GDP and create jobs. Further, national and regional energy transitions can help build resilient economies and societies. Therefore, linking short-term actions to medium- and long-term strategies is vital…

      Fateh Belaïd Belaïd, Fateh
      Elias Boukrami Elias Boukrami
      Razan Amine Razan Amine
      22 April 2021
      Economic Diversification Under Saudi Vision 2030
      Productivity and Economic Diversification

      Economic Diversification Under Saudi Vision 2030

      David Havrlant, Abdulelah Darandary

      The last decade has brought a row of substantial changes that have profound implications for the hydrocarbon resource-rich economies. The general answer to a changing environment is: Adapt! From the macroeconomic perspective, this means diversifying the economy to broaden the…

      David Havrlant Havrlant, David
      Abdulelah Darandary Darandary, Abdulelah
      14 April 2021
      What Policy Levers Could Address Indiaʼs Automobile-Related Externalities?
      Future of Transport and Fuel Demand

      What Policy Levers Could Address Indiaʼs Automobile-Related Externalities?

      Rubal Dua, Yagyavalk Bhatt, Dimpy Suneja

        The Indian government has shown a growing recognition of the need for policy instruments aimed at addressing increasing air pollution, oil imports, and greenhouse gas (GHG) emissions associated with India’s light-duty vehicle (LDV) sector. Based on the findings of…

      Rubal Dua Dua, Rubal
      Yagyavalk Bhatt Bhatt, Yagyavalk
      Dimpy Suneja Suneja, Dimpy
      12 April 2021
      Estimating Different Order Polynomial Logarithmic Environmental Kuznets Curves

      Estimating Different Order Polynomial Logarithmic Environmental Kuznets Curves

      Springer Link

      This paper contributes to the environmental literature by (i) demonstrating that the estimated coefficients and the statistical significance of the non-leading terms in quadratic, cubic, and quartic logarithmic environmental Kuznets curve (EKC) specifications are arbitrary and should therefore not be…

      Fakhri Hasanov, Jeyhun Mikayilov, Lester C. Hunt

      2021