Climate Change Policies and Governance Saudi Arabia Net Zero GHG Emissions by 2060: Transformation of the Electricity Sector Puneet Kamboj, Mohamad Hejazi, Khalid Alhadhrami, Yang Qiu, Page Kyle, Gokul Iyer Under its Vision 2030 targets, Saudi Arabia is working to steer the nation toward a sustainable future. The Kingdom has recently amplified its sustainability goals, announcing its intention to achieve net zero greenhouse gas (GHG) emissions by 2060. As part… Puneet Kamboj Hejazi, Mohamad Khalid Alhadhrami Yang Qiu Page Kyle Gokul Iyer
Future of Transport and Fuel Demand The CO2 Cost of Idling: Road Traffic Congestion Plays a Role Lama Yaseen Road-traffic relief is essential for big cities. It can be achieved by various infrastructure improvements to remove the reliance on motorized vehicles by optimizing different modes of urban mobility. Yaseen, Lama
Models, Data and Tools Net Zero Emissions in Saudi Arabia by 2060: Least-Cost Pathways, Influence of International Oil Price, and Economic Consequences Olivier Durand-Lasserve This paper presents possible net zero emissions (NZE) trajectories for Saudi Arabia at horizon 2060 and analyzes their possible economic consequences. We use an in-house hybrid forward-looking general equilibrium model of the Saudi economy. We construct a baseline scenario where… Durand-Lasserve, Olivier
Future of Transport and Fuel Demand Powering the Future of Aviation: Exploring the Role of Hydrogen and Power-to- Liquid in Sustainable Aviation Fuels Abdulrahman Alwosheel, Brian DaRin, Rick Westerdale The decarbonization of long-distance transportation, especially in aviation, is a significant challenge. While progress has been made in decarbonizing urban transportation, achieving electrification in long-distance transport remains difficult. Sustainable aviation fuels (SAFs) offer a promising solution for reducing carbon dioxide… Alwosheel, Abdulrahman Brian DaRin Rick Westerdale
Climate Change Policies and Governance Long-Term Decarbonization Pathway for Saudi Arabia To Reach Net Zero GHG Emissions by 2060 Puneet Kamboj, Mohamad Hejazi, Yang Qiu, Page Kyle, Gokul Iyer Saudi Arabia is a signatory to the 2015 Paris Agreement. It has updated its nationally determined contributions commitment to reduce greenhouse gas (GHG) emissions by 278 Mt of carbon dioxide equivalent (CO2 eq) by 2030. In the lead-up to COP… Puneet Kamboj Hejazi, Mohamad Yang Qiu Page Kyle Gokul Iyer
Future of Transport and Fuel Demand Worldwide intraregional and interregional air passenger traffic volume distribution Andres Felipe Guzman, Abdulrahman Alwosheel, Rubal Dua Aviation, like other transport modes, is essential for the economy; it facilitates business and trade, allows people to connect with different regions/cities, and generate tourism. Air traffic at the country or regional level is quite interesting by analyzing and comparing… Andres Felipe Guzman Alwosheel, Abdulrahman Dua, Rubal
Future of Global Oil Markets Gasoline and Diesel Prices in the OECD, China, and India: How Do They Behave During Volatile Times? Julio Arboleda, Zlata Sergeeva, Cian Mulligan, Carlo Andrea Bollino The collapse of crude oil prices in 2020, driven by the effects of COVID-19, the recovery packages implemented in 2021 to overcome the crisis, and the recent geopolitical conflicts in 2022, have marked a distinctive three-year period in the oil… Arboleda, Julio Sergeeva, Zlata Mulligan, Cian Bollino, Carlo Andrea
Trends in Global Solar PV Installation in 2022 Amro Elshurafa We briefly comment on global solar PV installations for 2022, and provide insights on the record-breaking trend that this industry has been witnessing for the past 15 years. Elshurafa, Amro
Future of Global Oil Markets Is the Shale Oil “Rush” Over? Majed A. Al Suwailem, Colin Ward, Jennifer Considine, Julio Arboleda, Hamid M. Al Sadoon The California Gold Rush was a time of exuberance and technological development in the mining sector and exhibits significant parallels with shale development that are worth exploring. The “easy” wins of the pioneers gave way to larger organizations with better… Al Suwailem, Majed A. Ward, Colin Considine, Jennifer Arboleda, Julio Al Sadoon, Hamid M.
Electricity Sector Transitions Challenges and Opportunities for Sustainable Deployment of Bioenergy with Carbon Capture and Storage Pathways (BECCS) Globally Muhammad Adnan Hayat, Khalid Alhadhrami, Amro Elshurafa Countries are exploring various options to achieve net-zero emissions, including bioenergy with carbon capture and storage (BECCS), which is the process of capturing and storing carbon dioxide (CO2) from processes that utilize bioenergy to produce heat, electricity or biofuels. However,… Adnan Hayat, Muhammad Khalid Alhadhrami Elshurafa, Amro
Future of Global Oil Markets KAPSARC Oil Market Outlook This quarter’s oil demand highlights include muted quarter-on-quarter (QoQ) demand growth from OECD countries, while non-OECD countries are experiencing declines in line with seasonal patterns. Monetary tightening policies, particularly in OECD countries, have stalled due to ongoing uncertainty, indicating that…
Climate Change Policies and Governance Implications of Climate Policy on Energy Poverty Fateh Belaïd, Mohamad Hejazi, Puneet Kamboj, Fatih Yılmaz This article examines the complex issue of energy poverty and its various dimensions, including energy access and affordability. It explores the challenges of addressing energy poverty and the trade-offs that may exist between energy poverty and climate change policy. Belaïd, Fateh Hejazi, Mohamad Puneet Kamboj Yılmaz, Fatih
Future of Transport and Fuel Demand The Cost of Electrifying the Saudi Rail Network – What Are the Power Infrastructure Costs? Yagyavalk Bhatt, Nora Nezamuddin This data insight takes a closer look at the costs associated with developing the necessary power infrastructure in order to electrify the existing and future rail networks in Saudi Arabia. Calculating these costs allows policymakers to better understand the capital… Bhatt, Yagyavalk Nezamuddin, Nora
Evaluation of Public Investment Projects Energy Policy Pathways to Inform Climate Policy in Saudi Arabia Walid Matar, Noura Mansouri, Evar Umeozor Saudi Arabia has announced plans to cut greenhouse gas (GHG) emissions by 278 million tons of CO2 equivalent (CO2e). In this regard, this paper contributes a modeling view of the climate-related effects of various energy policies on the Saudi energy… Matar, Walid Mansouri, Noura Umeozor, Evar
Productivity and Economic Diversification Eyes Off the Prize? Labor Flows in the Saudi Oil Industry 2019-2023 Cian Mulligan While much attention has been paid recently to oil and gas investment gaps, there has also been a rising chorus of analyses highlighting an emerging talent gap in traditional energy industries. In 2017, Accenture declared that the “talent well has… Mulligan, Cian
Climate Futures Report Mohamad Hejazi Saudi Arabia, a country characterized by its vast deserts, unique geographical features, and rich cultural heritage, stands at the precipice of a transformative challenge: adapting to the impacts of a rapidly changing climate. As global temperatures continue to rise due… Hejazi, Mohamad
Chapter 7. Energy and Industry Mohamad Hejazi This chapter examines the potential impacts of climate change on Saudi Arabia’s energy sector under a 3-degree world, with a focus on domestic energy infrastructure and its related economic and productivity impacts. Given that studies assessing such aspects are lacking,… Hejazi, Mohamad
3-Degrees Warmer World Mohamad Hejazi This is the intro chapter in a report that KAPSARC/I are publishing in collaboration with KAUST and AEON Startegy. The chapter sets the stage for the report, which will present a broad perspective on the implications of a 3°C warmer… Hejazi, Mohamad
Renewables and Geopolitics in the Middle East Emre Hatipoglu, Aisha Al-Sarihi, Brian Efird The energy transition is fundamentally transforming geopolitics, with renewable energy and other decarbonization options reshaping existing energy markets, trade flows, and energy security strategies. What new opportunities and challenges await us? Will it pacify global energy relations or bring a… Hatipoglu, Emre Al-Sarihi, Aisha Efird, Brian
The Effects of a Shock to Critical Minerals Prices on the World Oil Price and Inflation Science Direct Jennifer Considine, Philipp Galkin, Emre Hatipoglu, Abdullah Aldayel
