Economic Stability in the GCC Countries Ziyad Alfawzan Evidence confirms that there is a positive correlation between the economic growth rate and its volatility/risk in the Gulf Cooperation Council (GCC) region. In other words, there is a trade-off between the benefits of oil and gas activity and the… Alfawzan, Ziyad
Electricity Sector Transitions Reporting LCOE for Solar PV: Apples to Apples Comparisons Amro Elshurafa Solar energy is expected to be an integral technology in the creation of a low-carbon future. Hence, as photovoltaics (PV) installations continue to grow at an exponential rate, a better understanding of the generation costs of this relatively young industry… Elshurafa, Amro
Foreword to the special issue: Renewables and diversification in heavily energy subsidized economies Energy Journal [No abstract available] Carlo Andrea Bollino, David Hobbs, Lester C. Hunt, Nora Nezamuddin
Future of Transport and Fuel Demand KAPSARC vehicle fleet model: Cost of electrification This paper discusses the model we have developed at KAPSARC for estimating the relative costs of passenger car fleets containing low-emission vehicles of different types, particularly with emphasis on electric vehicles. The main purpose of the model is to enable…
Future of Transport and Fuel Demand Will Current Electric Vehicle Policy Lead to Cost-Effective Electrification? Passenger cars are responsible for a large and steadily growing share of global energy-related greenhouse gas (GHG) emissions. Electric vehicles (EVs) powered by renewable electricity have the potential to provide a substantial contribution to the decarbonization of passenger car transport.…
Future of Natural Gas Markets Third-Party Access to Regasification Terminals: Adapting to the LNG Markets’ Reconfiguration Substantial changes to global liquefied natural gas (LNG) markets, including the move toward the creation of an Asian trading hub, more flexibility through an increase of spot and short-term trade, liberalization in key Asian markets, emergence of new players and…
The unstudied barriers to widespread renewable energy deployment: Fossil fuel price responses Energy Policy Renewable energy policy focuses on supporting the deployment of renewable power generators so as to reduce their costs through scale economies and technological learning. It is expected that, once cost parity with fossil fuel generation is achieved, a transition towards… Edward Foster, Marcello Contestabile, Baltasar Manzano, Mark Workman, Nilay Shah
Analyzing the effects of renewable energy and climate conditions on consumer welfare Energy Journal This paper aims to measure the impact of the gradual adoption of Renewable Energy Sources (RES) on the welfare of consumers. To this end, we construct a theoretically founded measure of the true cost of living (TCL) and the equivalence… Tarek Atalla, Simona Bigerna, Carlo Andrea Bollino, Rolando Fuentes
Energy productivity evaluation of large scale building energy efficiency programs for Oman Sustainable Cities and Society This paper outlines the benefits of large scale energy efficiency programs for new and existing buildings in Oman. In particular, an energy productivity analysis for these programs is carried out to encompass their overall impact for Oman’s economy. Over 75%… Moncef Krarti, Kankana Dubey
Determinants of energy productivity in 39 countries: An empirical investigation Energy Economics This paper uses three types of analysis to investigate the drivers of energy productivity changes occurring in 39 countries during 1995–2009. We find that increases in sectoral energy productivity were the primary driver behind economy-wide energy productivity improvements. Structural economic… Tarek Atalla, Patrick Bean
Regional Energy Markets Coal and Renewables in India: Complementarity, Competition and Challenges Coal and renewables are seen as the cornerstone of India’s energy strategy to meet its growing electricity demand. These two energy resources are at different stages of legislative, policy, regulatory and institutional reform.
Fossil fuel price shocks and CO2 emissions: The case of Spain Energy Journal This paper focuses on the impact of oil, natural gas and coal price shocks on the Spanish business cycle from 1969 to 2013. It uses Bayesian procedures to estimate a Dynamic Stochastic General Equilibrium (DSGE) model for a small open… Jorge Blazquez, Jose Maria Martin-Moreno
Evaluating Uganda’s Oil Sector: Estimation of Upstream Projects Colin Ward Uganda and other countries in Eastern Africa are on the cusp of developing many oil and gas resources, and there is reason for local content to be included in the discussion. As part of a larger research effort at KAPSARC… Ward, Colin
Modeling and forecasting electricity demand in Azerbaijan using cointegration techniques Energies Policymakers in developing and transitional economies require sound models to: (i) understand the drivers of rapidly growing energy consumption and (ii) produce forecasts of future energy demand. This paper attempts to model electricity demand in Azerbaijan and provide future forecast… Fakhri Hasanov, Lester C. Hunt, Jeyhun Mikayilov
Future of Natural Gas Markets Shaking up the LNG Scene Dramatic changes in the global liquified natural gas (LNG) markets are already visible through market dynamics and stakeholders’ behavior, but many other signs point to much more significant changes to come – a great reconfiguration, which could transform the way…
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
