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      Trends in Global Solar PV Installation in 2021
      Electricity Sector Transitions

      Trends in Global Solar PV Installation in 2021

      Amro Elshurafa

      In 2021, global solar photovoltaic (PV) capacity increased by a record 175 gigawatts (GW). This brought the total global cumulative installed PV capacity to around 942 GW at the end of 2021.

      Amro Elshurafa Elshurafa, Amro
      10 October 2022
      The Effects of Russian Sanctions on the Global Economy
      Future of Global Oil Markets

      The Effects of Russian Sanctions on the Global Economy

      Abdullah Aldayel, Jennifer Considine, Emre Hatipoglu, Colin Ward

      On February 24, 2022, Russia began a ‘special military operation’ in Ukraine, which quickly escalated into a militarized conflict across multiple fronts. The act drew immediate disapproval from the United Nations and led most members of the Western alliance to…

      Abdullah Aldayel Aldayel, Abdullah
      Jennifer Considine Considine, Jennifer
      Emre Hatipoglu Hatipoglu, Emre
      Colin Ward Ward, Colin
      10 October 2022
      A Closer Look at the IEA Storage Releases
      Future of Global Oil Markets

      A Closer Look at the IEA Storage Releases

      Colin Ward

      The United States (U.S.) and its western allies have been increasing their pressure on Russia in response to the conflict in Ukraine. Undercutting Russian government finances is a priority for them. Energy exports are a key source of income for…

      Colin Ward Ward, Colin
      2 October 2022
      Integrated Oil Companies and the Quest for Energy Transition

      Integrated Oil Companies and the Quest for Energy Transition

      Majed A. Al Suwailem

      Integrated oil and gas (O&G) companies operate vertically integrated businesses that span the O&G value chain. In this way, they can leverage expertise across multiple domains rather than just focusing on exploration and production (E&P). Examples of such companies include…

      Majed A. Al Suwailem Al Suwailem, Majed A.
      26 September 2022
      Resilience of Saudi Arabia’s Economy to Oil Shocks: Effects of Economic Reforms
      Evaluation of Public Investment Projects

      Resilience of Saudi Arabia’s Economy to Oil Shocks: Effects of Economic Reforms

      Hossa Almutairi, Marzio Galeotti, Baltasar Manzano, Axel Pierru

      We assess the extent to which the implementation of Saudi Vision 2030 policies enhances the Saudi economy’s resilience to oil price and production shocks, and to the productivity of tradable and non-tradable goods. We extend Blazquez et al.’s (2021) dynamic…

      Hossa Almutairi Almutairi, Hossa
      Marzio Galeotti Galeotti, Marzio
      Baltasar Manzano Manzano, Baltasar
      Axel Pierru Pierru, Axel
      23 September 2022
      Digital Transformation in the Context of the Energy Transition
      Climate Change Policies and Governance

      Digital Transformation in the Context of the Energy Transition

      For decades, the oil and gas industry has delivered the world with the best value proposition in the forms of reliable, affordable, safe energy supplies. As global population projections soar, demand for all forms of energy is also set to…

      18 September 2022
      Global Crude Oil Storage Index: A New Benchmark for Energy Policy
      Future of Global Oil Markets

      Global Crude Oil Storage Index: A New Benchmark for Energy Policy

      Jennifer Considine, Philipp Galkin, Abdullah Aldayel

      The global oil market dwarfs other commodity markets. Its size and role in the energy and industrial value chains underscore its significant economic and geopolitical impacts. Thus, the consequences of oil price fluctuations extend far beyond the oil industry and…

      Jennifer Considine Considine, Jennifer
      Philipp Galkin Galkin, Philipp
      Abdullah Aldayel Aldayel, Abdullah
      13 September 2022
      Digital Transformation in the Oil and Gas Industry: Hype or Hope?
      Climate Change Policies and Governance

      Digital Transformation in the Oil and Gas Industry: Hype or Hope?

      Majed A. Al Suwailem, Abdelghani Henni

      For decades, the oil and gas (O&G) industry has provided the globe with the best value proposition in the form of reliable, affordable, and safe energy supplies. As global population projections soar, demand for all forms of energy is also set to rise,…

      Majed A. Al Suwailem Al Suwailem, Majed A.
      Abdelghani Henni Abdelghani Henni
      11 September 2022
      KAPSARC Oil Market Outlook (KOMO)
      Future of Global Oil Markets

      KAPSARC Oil Market Outlook (KOMO)

      Despite great uncertainty in oil markets, a reduction in expected supply from Russia, and a reduction in global demand since our previous quarterly outlook, we expect oil supply growth to continue in 2022, with production coming close to parity with demand…

      6 September 2022
      Urban Transport Energy Demand Model for Riyadh: Methodology and a Preliminary Analysis

      Urban Transport Energy Demand Model for Riyadh: Methodology and a Preliminary Analysis

      Taylor & Francis

      Saudi Arabia intends to reduce GHG emissions by 278 million tons of CO2eq annually by 2030 through Nationally Determined Contribution (NDC) to UNFCCC. Among many policies, mass transit system and transit-oriented development are being developed with the expectation to reduce…

      Abu Toasin Oakil, Ahm Mehbub Anwar, Alma Alhussaini, Nourah Al Hosain, Abdelrahman Muhsen, Anvita Arora

      2022
      Cost, Emission, and Macroeconomic Implications of Diesel Displacement in the Saudi Agricultural Sector: Options and Policy Insights
      Electricity Sector Transitions

      Cost, Emission, and Macroeconomic Implications of Diesel Displacement in the Saudi Agricultural Sector: Options and Policy Insights

      Amro Elshurafa, Hatem Al Atawi, Fakhri Hasanov, Frank Felder

      The Saudi agricultural sector relies on diesel for irrigation, which is provided to farmers at a much lower price than the average global price, implying significant opportunity costs. With the aid of soft-coupled power and macro-econometric models, we assess the…

      Amro Elshurafa Elshurafa, Amro
      Hatem Al Atawi Al Atawi, Hatem
      Fakhri Hasanov Hasanov, Fakhri
      Frank Felder Felder, Frank
      24 August 2022
      Keeping the Nuclear Energy Option Open
      Electricity Sector Transitions

      Keeping the Nuclear Energy Option Open

      Noura Mansouri, Robert J. Budnitz, H-Holger Rogner, Charles McCombie, Robert N. Schock, Adnan Shihab-Eldin

      Nuclear energy is already playing a crucial role in reducing emissions from electricity generation. However, if this role is not expanded, achieving the international goal of avoiding unacceptable global climate change will be extremely difficult. The evidence presented in this…

      Noura Mansouri Mansouri, Noura
      Robert J. Budnitz Robert J. Budnitz
      H-Holger Rogner H-Holger Rogner
      Charles McCombie Charles McCombie
      Robert N. Schock Robert N. Schock
      Adnan Shihab-Eldin Adnan Shihab-Eldin
      23 August 2022