Publications

The Implications of Soaring Gas and Coal Prices on Europe’s Energy Poverty Trap

Fateh Belaïd

With the recovery of the world economy following the easing of restrictions designed to contain COVID-19, energy demand has surged even as natural gas stocks were dangerously low. This triggered one of the first significant energy shocks of the green…

Belaïd, Fateh

How Do Bankruptcies in the Shale Sector Induce Operators to Focus on Value Creation?

Majed A. Al Suwailem

Between January 2015 and early 2021, about 76 of the approximately 2,160 small-to-medium independent companies in the tight oil sector filed for Chapter 11 protection. These filings mostly occurred in 2016 and 2019. These companies were negatively impacted by the…

Al Suwailem, Majed A.

Aviation Fuel Consumed and Passengers Carried in Saudi Arabia

Abdulrahman Alwosheel, Andres Felipe Guzman, Abu Toasin Oakil

The air transport sector in Saudi Arabia has an important impact on the economy (e.g., job creation, gross domestic product, and gross value added). Over 690 routes are registered in the Kingdom of Saudi Arabia for both domestic and international…

Alwosheel, Abdulrahman

Felipe Guzman, Andres

Oakil, Abu Toasin

Residential Energy Model for Evaluating Energy Demand and Energy Efficiency Programs in Saudi Residential Buildings

Science Direct

Mohammad Aldubyan

Theoretical framework for industrial energy consumption revisited: The role of demographics

Science Direct

Fakhri Hasanov

Why are European Wholesale Electricity Prices Soaring?

Marie Petitet, Fateh Belaïd

Since the beginning of summer 2021, European wholesale electricity prices have been soaring to historic highs. The average day-ahead price of electricity for central European countries more than doubled between June and September, reaching 170 euros per megawatthour (e/MWh) on…

Marie Petitet

Belaïd, Fateh

Oil Market Shocks and Financial Instability in Asian Countries

Fakhri Hasanov, Leila Dagher

There is no commodity whose interlinkages with the macroeconomy have been studied as extensively as oil, starting with Hamilton’s (1983) seminal study. Thousands of subsequent studies have examined the relationship between oil prices and various economic variables, including the stock…

Hasanov, Fakhri

Dagher, Leila

Oman’s Second Nationally Determined Contribution (NDC)

Mari Luomi, Aisha Al-Sarihi

In July 2021, Oman submitted its second nationally determined contribution to the Paris Agreement on climate change (NDC). In the NDC, Oman pledges to reduce its greenhouse gas (GHG) emissions by 7% relative to a business-as-usual (BAU) scenario by 2030.…

Luomi, Mari

Al-Sarihi, Aisha

Economic Structural Change and Freight Transport Demand in China

Energy Policy

Xun Xu, Tianduo Peng, Nicholas Chase

The Sensitivity of Oil Price Shocks to Preexisting Market Conditions: A GVAR Analysis

Science Direct

This study develops a Global Vector Autoregression (GVAR) model to simulate various types of shocks to oil markets and to see whether such shocks are time-sensitive in oil markets. Our model extends the canonical Mohaddes and Pesaran (2016) model temporally…

Jennifer Considine, Emre Hatipoglu, Abdullah Aldayel

The Impact of Total Factor Productivity on Energy Consumption: Theoretical Framework and Empirical Validation

Science Direct

Jeyhun Mikayilov, Fakhri Hasanov

Will COP26 Recognize a Role for Nuclear Energy in the Clean Energy Mix?

Noura Mansouri, Adnan Shihab-Eldin

Next month, the 2021 United Nations Climate Change Conference (COP26), hosted by the United Kingdom, will discuss the big challenge facing the world’s governments, which is how to limit the average rise in global temperatures above pre-industrial levels to below…

Mansouri, Noura

Adnan Shihab-Eldin

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, rising inflation, including shipping costs, lagging delivery times, the usual seasonal behavior of…

How the Circular Carbon Economy Index Can Serve Policymaking: Case Study of Saudi Arabia

Mari Luomi, Fatih Yılmaz, Thamir Al Shehri

The Circular Carbon Economy (CCE) Index is a tool developed by KAPSARC for energy and climate policymakers and stakeholders to quantify and compare country performance and potential on the CCE. The CCE is a relatively new concept. It aims to…

Luomi, Mari

Yılmaz, Fatih

Al Shehri, Thamir

The Circular Carbon Economy Index 2021 – Methodology

Mari Luomi, Fatih Yılmaz, Thamir Al Shehri

The Circular Carbon Economy Index (CCE Index) aims to measure countries’ progress in and potential for achieving circular carbon economies (CCEs). The CCE Index is based on two sub-indices: one for measuring countries’ current performance in the various dimensions of…

Luomi, Mari

Yılmaz, Fatih

Al Shehri, Thamir

Volatility, Contango, and Crude Oil Inventories: A Complex Relationship

Business School University of Colorado Denver

Jennifer Considine, Philipp Galkin, Abdullah Aldayel

The Role of Residential Energy Efficiency in Shaping the Energy Transition in Saudi Arabia: Key Challenges and Initiatives

IAEE Energy Forum

Mohammad Aldubyan, Fateh Belaïd

Potential Trip Coverage of the Proposed Public Transport Network in Riyadh

Academia

Abu Toasin Oakil, Abdelrahman Muhsen

Impact of Stay Home Living on Energy Demand of Residential Buildings: Case Study of Saudi Arabia

Science Direct

The analysis presented in this paper evaluates the impact of stay-home order on the energy consumption of Saudi residential building stock. The analysis combines monitored data obtained for a sample of housing units as well as the results Residential Energy…

Mohammad Aldubyan, Moncef Krarti

China’s BRI and Saudi Vision 2030: A Review to Partnership for Sustainability

Dongmei Chen

This study reviews the comprehensive strategic partnership between Saudi Arabia and China and the interconnection between China’s Belt and Road Initiative (BRI) and Saudi Vision 2030. These connections have significantly improved cooperation in trade, investment, energy and new technology development…

Chen, Dongmei