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 Alhadhrami, Khalid 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
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. 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 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
Future of Transport and Fuel Demand Worldwide Intraregional and Interregional Air Freight Traffic Volume Distribution Andres Felipe Guzman, Abdulrahman Alwosheel, Rubal Dua Freight by air does not comprise a significant share of the worldwide tonnage due to its cost compared to land (road and rail) and sea transport. However, air freight is important for commodities that either have high values or are… Felipe Guzman, Andres Alwosheel, Abdulrahman Dua, Rubal
Models, Data and Tools Global Crude Oil Refining Capacities Evar Umeozor Global crude oil refining capacities are presented according to the classification of global refineries in the KOVA model. The evolution of Saudi Arabian refining capacities and configurations between 2005 and 2020 is also presented. Umeozor, Evar
Electricity Sector Transitions Recent Developments and Trends in Cybersecurity in the Power Sector Ahmed Al-Balawi, Frank Felder, Muhammad Khurram Khan The power sector is a crucial component of critical national infrastructure, and its continuous and resilient operation underpins the socioeconomic prosperity of any nation. Energy security is a priority in many regions of the world, as it is essential for… Ahmed Al-Balawi Felder, Frank Muhammad Khurram Khan
Future of Transport and Fuel Demand Saudi Arabia’s Population, GDP, and Seaborne Trade Mohammad Al Telmesani, Ahm Mehbub Anwar, Abdulrahman Alwosheel This infographic tells the story about Saudi Arabia’s population, GDP, and seaborne trade. It shows the trade between Saudi Arabia and the rest of the world. Al Telmesani, Mohammad Anwar, Ahm Mehbub Alwosheel, Abdulrahman
Models, Data and Tools Interfuel Substitution in the Industrial Sector in Saudi Arabia Muhammad Javid The Kingdom of Saudi Arabia has taken many decisive steps toward a more sustainable future, in line with its Vision 2030, including the use of clean energy, offsetting of emissions, and protection of the environment. In this context, Saudi Arabia… Javid, Muhammad
Electricity Sector Transitions US’s Regional Clean Hydrogen Hubs (H2Hubs) Program Key Takeaways for Global Players Shahid Hasan From the launch of federal energy and research agencies in the 1970s to the enactment of legislation dedicating resources to clean energy research and the creation of the Office of Energy Efficiency and Renewable Energy , the US has had… Hasan, Shahid
Regional Energy Markets World’s Population, GDP, and Seaborne Trade Mohammad Al Telmesani, Ahm Mehbub Anwar, Abdulrahman Alwosheel This infographic tells the story about the world’s population, GDP, and seaborne trade. The trade is reflected in regions across the globe. Al Telmesani, Mohammad Anwar, Ahm Mehbub Alwosheel, Abdulrahman
