Productivity and Economic Diversification The Circular Carbon Economy Index – Methodological Approach and Conceptual Framework Mari Luomi, Fatih Yılmaz, Thamir Al Shehri, Nicholas Howarth The circular carbon economy (CCE) approach, developed during Saudi Arabia’s G20 Presidency and endorsed by G20 leaders and energy ministers, can be used as a framework for holistic assessments of all available energy and emission management technologies within the confines… Luomi, Mari Yılmaz, Fatih Al Shehri, Thamir Howarth, Nicholas
Evaluating Access to Riyadh’s Planned Public Transport System Using Geospatial Analysis Nourah Al Hosain, Alma Alhussaini The King Abdulaziz Project for Public Transport in Riyadh city is one of the world’s largest urban transit systems being developed. The project aims to meet the demands of the city’s growing urban population while reducing traffic congestion, heavy private… Al Hosain, Nourah Alma Alhussaini
Future of Transport and Fuel Demand Revisiting the Impact of COVID-19 on the Demand for Transport and Gasoline Nora Nezamuddin, Hatem Al Atawi The global outbreak of COVID-19 began in March 2020. As of April 2021, the global caseload has reached over 150 million. Governments globally have introduced various measures in an attempt to contain the virus’s spread. These measures have varied in… Nezamuddin, Nora Al Atawi, Hatem
Assessing Effects of Renewable Deployment on Emissions in the Saudi Power Sector Until 2040 Using Integer Optimization Science Direct Amro Elshurafa, Hatem Al Atawi, Salaheddine Soummane, Frank Felder
Enablers and Disablers to Plug-in Electric Vehicle Adoption in India: Insights from a Survey of Experts Science Direct Rubal Dua, Scott Hardman, Yagyavalk Bhatt, Dimpy Suneja
Future of Transport and Fuel Demand How Cost-Effective Are Electric Vehicle Subsidies in Reducing Tailpipe-CO2 Emissions? Tamara Sheldon, Rubal Dua, Omar Al Harbi The transportation sector accounts for 24% of global greenhouse gas (GHG) emissions (IEA 2020). Road transport is the most utilized mode because of its convenience (Van Essen 2008). However, it is also the most emissions intensive mode, accounting for 75%… Sheldon, Tamara Dua, Rubal Omar Al Harbi
Electricity Sector Transitions If Renewable Energy is Getting Cheaper, Why Are Electricity Prices Increasing? Salaheddine Soummane In this commentary, we discuss the impact of renewable energy penetration on end-user electricity prices driven by the observed development in European countries since 2000. We conclude with a discussion on how Saudi Arabia is benefiting from its development of… Soummane, Salaheddine
Electricity Sector Transitions Assessing the Role of Renewables in Reducing Emissions in the Saudi Power Sector Using Mixed-Integer Optimization Amro Elshurafa, Hatem Al Atawi, Salaheddine Soummane, Frank Felder Renewable energy (RE) technologies are viewed as a critical means of reducing power sector-related emissions. Using mixed-integer optimization, we evaluate the extent to which renewable energy reduces carbon emissions in the Saudi power sector. Elshurafa, Amro Al Atawi, Hatem Soummane, Salaheddine Felder, Frank
Global Trends in Cloud Computing and Saudi Arabia’s Response Hatem Al Atawi, Amro Elshurafa As data centers become operational in the Kingdom, they will be an additional driver of long-term electricity demand. KAPSARC is actively studying these challenges and their implications for the economy by modeling and forecasting electricity demand. Al Atawi, Hatem Elshurafa, Amro
Future of Global Oil Markets Will Shale Impede or Accelerate the Global Energy Transition? United States (U.S.) shale has transformed oil market dynamics in ways we never thought possible. Shale oil has transformed the oil supply curve through massive supply shocks, such as the rapid increase in tight oil production over the past decade,…
How Would Real-time Electricity Pricing Affect the Saudi Power Sector in the Long-run? Science Direct Walid Matar
Future of Global Oil Markets KAPSARC Oil Market Outlook Total global oil demand is expected to increase year-on-year (YoY) by 4.3 million barrels per day (MMb/d) in 2021 to 96.3 MMb/d. It is expected to further grow by 3.2 MMb/d in 2022 (300,000 barrels per day [Kb/d] less than…
Future of Transport and Fuel Demand India’s Political Ambition of Implementing Plug-In Electric Vehicle Sales Targets Yagyavalk Bhatt, Rubal Dua The Indian transportation sector is going through a massive transition, especially the light-duty vehicle (LDV) sector. Policymakers consider the electrification of road transport to be one of the ways of solving India’s triple problem of increasing greenhouse gas (GHG) emissions,… Bhatt, Yagyavalk Dua, Rubal
Energy and Economic Vulnerability Fiscal Policy for Stability in Oil-Exporting Countries: From the Old Problems to the Challenges of COVID-19 Olivier Durand-Lasserve, Fatih Karanfil Since the Great Recession of 2008, oil-exporting countries have had to adjust their fiscal policies to respond to larger oil price variations and increased unpredictability. This commentary provides insights into the relationship between oil prices and fiscal policies in emerging… Durand-Lasserve, Olivier Karanfil, Fatih
Renewable Energy in the MENA Region: Key Challenges and Lessons Learned Fateh Belaïd, Elias Boukrami, Razan Amine Many pieces of evidence showing that investments in energy transition can boost GDP and create jobs. Further, national and regional energy transitions can help build resilient economies and societies. Therefore, linking short-term actions to medium- and long-term strategies is vital… Belaïd, Fateh Elias Boukrami Razan Amine
Future of Transport and Fuel Demand Responsiveness of Saudi New Vehicle Fleet Fuel Economy to Fuel and Vehicle Price Policy Levers Tamara Sheldon, Rubal Dua The Saudi government has implemented several policies to slow the growth of, or even reduce, its on-road motor gasoline consumption. These include demand-side policies such as raising fuel prices and supply-side policies such as the fuel economy standards (SASO and… Sheldon, Tamara Dua, Rubal
Productivity and Economic Diversification Economic Diversification Under Saudi Vision 2030 David Havrlant, Abdulelah Darandary The last decade has brought a row of substantial changes that have profound implications for the hydrocarbon resource-rich economies. The general answer to a changing environment is: Adapt! From the macroeconomic perspective, this means diversifying the economy to broaden the… Havrlant, David Darandary, Abdulelah
Future of Transport and Fuel Demand What Policy Levers Could Address Indiaʼs Automobile-Related Externalities? Rubal Dua, Yagyavalk Bhatt, Dimpy Suneja The Indian government has shown a growing recognition of the need for policy instruments aimed at addressing increasing air pollution, oil imports, and greenhouse gas (GHG) emissions associated with India’s light-duty vehicle (LDV) sector. Based on the findings of… Dua, Rubal Bhatt, Yagyavalk Suneja, Dimpy
Estimating Different Order Polynomial Logarithmic Environmental Kuznets Curves Springer Link This paper contributes to the environmental literature by (i) demonstrating that the estimated coefficients and the statistical significance of the non-leading terms in quadratic, cubic, and quartic logarithmic environmental Kuznets curve (EKC) specifications are arbitrary and should therefore not be… Fakhri Hasanov, Jeyhun Mikayilov, Lester C. Hunt
Impact of COVID-19 on Passenger Railway Demand in Saudi Arabia Abdulrahman Alwosheel The Saudi Railways Organization (SRO) operates a network of approximately 1,400 kilometers (km). This network links the Eastern Province with Riyadh, where more than 40% of the country’s population and economic activities are located. A passenger line connects Riyadh with… Alwosheel, Abdulrahman
