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      KAPSARC Oil Market Outlook (KOMO)
      Future of Global Oil Markets

      KAPSARC Oil Market Outlook (KOMO)

      Despite great uncertainty in oil markets, a reduction in expected supply from Russia, and a reduction in global demand since our previous quarterly outlook, we expect oil supply growth to continue in 2022, with production coming close to parity with demand…

      6 September 2022
      Urban Transport Energy Demand Model for Riyadh: Methodology and a Preliminary Analysis

      Urban Transport Energy Demand Model for Riyadh: Methodology and a Preliminary Analysis

      Taylor & Francis

      Saudi Arabia intends to reduce GHG emissions by 278 million tons of CO2eq annually by 2030 through Nationally Determined Contribution (NDC) to UNFCCC. Among many policies, mass transit system and transit-oriented development are being developed with the expectation to reduce…

      Abu Toasin Oakil, Ahm Mehbub Anwar, Alma Alhussaini, Nourah Al Hosain, Abdelrahman Muhsen, Anvita Arora

      2022
      Cost, Emission, and Macroeconomic Implications of Diesel Displacement in the Saudi Agricultural Sector: Options and Policy Insights
      Electricity Sector Transitions

      Cost, Emission, and Macroeconomic Implications of Diesel Displacement in the Saudi Agricultural Sector: Options and Policy Insights

      Amro Elshurafa, Hatem Al Atawi, Fakhri Hasanov, Frank Felder

      The Saudi agricultural sector relies on diesel for irrigation, which is provided to farmers at a much lower price than the average global price, implying significant opportunity costs. With the aid of soft-coupled power and macro-econometric models, we assess the…

      Amro Elshurafa Elshurafa, Amro
      Hatem Al Atawi Al Atawi, Hatem
      Fakhri Hasanov Hasanov, Fakhri
      Frank Felder Felder, Frank
      24 August 2022
      Keeping the Nuclear Energy Option Open
      Electricity Sector Transitions

      Keeping the Nuclear Energy Option Open

      Noura Mansouri, Robert J. Budnitz, H-Holger Rogner, Charles McCombie, Robert N. Schock, Adnan Shihab-Eldin

      Nuclear energy is already playing a crucial role in reducing emissions from electricity generation. However, if this role is not expanded, achieving the international goal of avoiding unacceptable global climate change will be extremely difficult. The evidence presented in this…

      Noura Mansouri Mansouri, Noura
      Robert J. Budnitz Robert J. Budnitz
      H-Holger Rogner H-Holger Rogner
      Charles McCombie Charles McCombie
      Robert N. Schock Robert N. Schock
      Adnan Shihab-Eldin Adnan Shihab-Eldin
      23 August 2022
      Investment Challenges Affecting the Oil and Gas Industry
      Future of Global Oil Markets

      Investment Challenges Affecting the Oil and Gas Industry

      Hamid M. Al Sadoon, Julio Arboleda

      The unprecedented crisis generated by the COVID-19 pandemic has affected the investment in the oil and gas sector, which was already suffering from low investment levels, among other reasons due to the climate change misconceptions. This report analyzes the main…

      Hamid M. Al Sadoon Al Sadoon, Hamid M.
      Julio Arboleda Arboleda, Julio
      22 August 2022
      PPPs in Colombia: Policy Lessons

      PPPs in Colombia: Policy Lessons

      Andres Felipe Guzman

      Latin American countries have introduced private participation in the transport sector to decrease the economic resources spent in projects’ time line. This private participation has also increased the development of corridors in which governments have taken more presence, allowing trade,…

      Andres Felipe Guzman Felipe Guzman, Andres
      22 July 2022
      One Year After the Texas Blackout: Lessons for Reliable and Resilient Power Systems
      Electricity Sector Transitions

      One Year After the Texas Blackout: Lessons for Reliable and Resilient Power Systems

      Marie Petitet, Frank Felder, Khalid Alhadhrami

      In February 2021, Texas experienced an extreme cold snap causing a dramatic electricity blackout that left millions of households without electricity, resulting in over 200 fatalities and economic damages of approximately $100 billion. The Texas blackout has been used to…

      Marie Petitet Marie Petitet
      Frank Felder Felder, Frank
      Khalid Alhadhrami Alhadhrami, Khalid
      14 June 2022
      Investing in Net-Zero Emission Ambitions: Global ESG Frameworks and CCUS Projects
      Electricity Sector Transitions

      Investing in Net-Zero Emission Ambitions: Global ESG Frameworks and CCUS Projects

      Fatih Yılmaz, Adam Sieminski

      Achieving global net zero emission (NZE) goals necessitates trillions of US$ of annual investment in various mitigation technologies. While a significant portion of this investment is expected to take place in mainstream mitigation technologies (e.g., renewable energy), low carbon technologies…

      Fatih Yılmaz Yılmaz, Fatih
      Adam Sieminski Adam Sieminski
      14 June 2022
      The Gulf Cooperation Council and the Circular Carbon Economy: Progress and Potential
      Climate Change Policies and Governance

      The Gulf Cooperation Council and the Circular Carbon Economy: Progress and Potential

      Mari Luomi, Fatih Yılmaz, Thamir Al Shehri

      Over the past year, all six Gulf Cooperation Council (GCC) countries have updated their medium-term greenhouse gas (GHG) emission targets by submitting revised nationally determined contributions (NDCs) under the Paris Agreement. Bahrain, Saudi Arabia, the United Arab Emirates (UAE), and…

      Mari Luomi Luomi, Mari
      Fatih Yılmaz Yılmaz, Fatih
      Thamir Al Shehri Al Shehri, Thamir
      14 June 2022
      Policy Responses to the Reliability Crisis in the Power Grid
      Electricity Sector Transitions

      Policy Responses to the Reliability Crisis in the Power Grid

      Frank Felder

      From China, Europe, Central Asia, India and to the United States, there is a reliability crisis in electric power grids. Why are power grids so brittle and what should policymakers do?

      Frank Felder Felder, Frank
      6 June 2022
      A Remaining Piece of the COVID-19 Puzzle: Saudi Arabia’s Remittances Account
      Models, Data and Tools

      A Remaining Piece of the COVID-19 Puzzle: Saudi Arabia’s Remittances Account

      Abdulelah Darandary, Muhammad Javid, Maria Alkhamees

      It has been two years since the beginning of COVID-19, a one-of-a-kind crisis in recent history. The global economy was disrupted entirely in a few months and most economies faced shutdowns. While many disruptions can be explained, especially the economic…

      Abdulelah Darandary Darandary, Abdulelah
      Muhammad Javid Javid, Muhammad
      Maria Alkhamees Maria Alkhamees
      30 May 2022
      KAPSARC Oil Market Outlook (KOMO)
      Future of Global Oil Markets

      KAPSARC Oil Market Outlook (KOMO)

      The drivers of this quarter’s global demand outlook stem from multiple factors (i.e., the Russian-Ukrainian conflict, lower trade confidence, the U.S. Federal Reserve’s interest rate hike, overall downward gross domestic product (GDP) revisions, continued inflation and the recent lockdowns in…

      30 May 2022
      How to Mitigate Transportation Emissions in Saudi Arabia? The Role of Energy Price Governance
      Models, Data and Tools

      How to Mitigate Transportation Emissions in Saudi Arabia? The Role of Energy Price Governance

      Sa’d Shannak, Jeyhun Mikayilov, Rubal Dua

      In light of Saudi Arabia’s recent energy-pricing reform strategy, this paper investigates the main drivers of fuel carbon dioxide (CO2) emissions in the transport sector. We employed a battery of econometric techniques to analyze the long-run relationships between income, fuel…

      Sa’d Shannak Sa’d Shannak
      Jeyhun Mikayilov Mikayilov, Jeyhun
      Rubal Dua Dua, Rubal
      29 May 2022