Publications

Modelling and Projecting Regional Electricity Demand for Saudi Arabia

Wiley Online Library

Abdulelah Darandary, Jeyhun Mikayilov

Nudging Toward Sustainability: Behavioral Interventions in Saudi Arabia’s Residential Electricity Consumption

Abdulelah Darandary, Hossa Almutairi

Residential energy consumption is responsible for significant global energy consumption and associated emissions (IEA 2022). As a result, households are a prime focus for behavior-modifying interventions. Household energy conservation can be achieved through changes in consumption patterns and investments in…

Darandary, Abdulelah

Almutairi, Hossa

Decarbonizing Saudi Arabia’s Residential Sector: Designing Behavioral Interventions for Efficient and Sustainable Energy Consumption

Hossa Almutairi, Fateh Belaïd, Abdulelah Darandary

There is a consensus in the literature regarding the significant role of behavioral change in reducing the level of residential energy consumption. However, there is an ongoing debate concerning the most effective mechanisms and instruments with which to promote energy-efficient…

Almutairi, Hossa

Belaïd, Fateh

Darandary, Abdulelah

Projecting Saudi Arabia’s CO2 Dynamic Baselines to 2060: A Multivariate Approach

The Energy Journal

Using an econometric model, we generate scenario projections of CO2 emissions under different sets of assumptions on the underlying drivers. These drivers include GDP, the energy price, economic structure, and the underlying emissions trend. Our baseline scenario projects that Saudi…

Abdulelah Darandary, Anwar Gasim, Lester C. Hunt, Jeyhun Mikayilov

The Contribution of Energy to Economic Growth and Convergence

Nader AlKathiri, Abdulelah Darandary

Using a sample of 94 countries, we analyze the contribution of energy to cross-country economic growth and convergence since 1980. By extending the traditional frontier approach to include energy as an additional factor of production, we decompose economic growth into…

AlKathiri, Nader

Darandary, Abdulelah

Decoding the Behavioral Patterns in Saudi Arabia from GASTAT’s Five-Year Household Energy Statistics Survey

Abdulelah Darandary, Fateh Belaïd

This commentary presents the findings of the annual Energy Statistics Survey by the General Authority for Statistics (GASTAT), an ongoing initiative since 2017 that is now in its fifth iteration, which covers 2022. The survey encompasses hundreds of responses from…

Darandary, Abdulelah

Belaïd, Fateh

Saudi Arabia’s Revealed Comparative Advantage in Non-Oil Exports

Muhammad Javid, Abdulelah Darandary

The revealed comparative advantage (RCA) is based on Ricardian trade theory, which postulates that trade flows between countries are determined by their relative productivity differences. The RCA index provides a general indication and a first approximation of a country’s competitive…

Javid, Muhammad

Darandary, Abdulelah

Impacts of Electricity Price Reform on Saudi Regional Fuel Consumption and CO2 Emissions

Science Direct

Abdulelah Darandary, Jeyhun Mikayilov, Salaheddine Soummane

Economic Growth and Convergence: Implications of Energy Transition Pathways

Nader AlKathiri, Abdulelah Darandary

The 44th International Association for Energy Economics (IAEE) conference was held in Riyadh, co-hosted by KAPSARC and the Saudi Association for Energy Economics (SAEE). It was the first IAEE conference in the Middle East and North Africa (MENA) region. The…

AlKathiri, Nader

Darandary, Abdulelah

Saudi Arabia’s High Borrowing Rates and Surging Deposits

Abdulelah Darandary

This data insight visualizes the relationships between higher interest rates, deposit trends, and their impact on liquidity and saving behavior in the financial system. The three key points discussed are as follows: The Influence of Higher Interest Rates on Liquidity:…

Darandary, Abdulelah

The Role of Financial Development in Private Sector Growth in Saudi Arabia

Fakhri Hasanov, Abdulelah Darandary, Ryan Alyamani

Saudi Vision 2030 (SV2030), the masterplan for the socioeconomic development of the Kingdom, places considerable emphasis on the development of the private sector in the diversification of the economy. This plan aims to have the private sector account for 65%…

Hasanov, Fakhri

Darandary, Abdulelah

Alyamani, Ryan

Modeling and forecasting industrial electricity demand for Saudi Arabia: Uncovering regional characteristics

Science Direct

Jeyhun Mikayilov, Ryan Alyamani, Abdulelah Darandary, Muhammad Javid, Fakhri Hasanov

Commercial Electricity Demand Modeling: Do Regional Differences Matter for Saudi Arabia?

Science Direct

Jeyhun Mikayilov, Abdulelah Darandary

Saudi Arabia’s Input-Output Table: Computing Type I Multiplier

Abdulelah Darandary, Jeremy Rothfield

The General Authority of Statistics of Saudi Arabia has released the input-output tables this year for 2018, 2019, and 2020 (GaStat, 2022). These releases have extended the number of sectors representing the Saudi Arabian economy to 20 from the 13…

Darandary, Abdulelah

Jeremy Rothfield

Aggregate Real Energy Price Index

Abdulelah Darandary, Anwar Gasim

Our aggregate real energy index is constructed in two steps. First, sectoral energy prices are obtained from Hasanov et al (2020). Second, the index is constructed by calculating a weighted average of these sectoral energy prices, in which the weight…

Darandary, Abdulelah

Gasim, Anwar

Humidity Adjusted Cooling and Heating Degree Days in Saudi Arabia

Abdulelah Darandary, Jeyhun Mikayilov

This data insight calculates the humidity-adjusted Cooling and Heating Degree Days for Saudi Arabia. This dataset can be used by researchers who model residential electricity demand, energy efficiency studies, and policymakers to base their potential policy scenarios on weather conditions.

Darandary, Abdulelah

Mikayilov, Jeyhun

Modeling and Projecting Regional Electricity Demand for Saudi Arabia

Jeyhun Mikayilov, Abdulelah Darandary

This paper utilizes a structural time series approach to model Saudi Arabia’s regional electricity demand, capturing undetected forces of variability in the data-generating process that include improvements in technology, energy-saving behavior, and other underlying trends that are excluded under conventional…

Mikayilov, Jeyhun

Darandary, Abdulelah

Commercial Electricity Demand Modeling: Do Regional Differences Matter?

Jeyhun Mikayilov, Abdulelah Darandary

One of the key benefits of understanding regional electricity consumption and its response to policy changes is enhancing the decision-making process. In Saudi Arabia, energy policies are set at the national level, and assessing their impacts at the regional level…

Mikayilov, Jeyhun

Darandary, Abdulelah

Projecting Saudi Arabia’s CO2 Dynamic Baselines to 2060: A Multivariate Approach

Abdulelah Darandary, Anwar Gasim, Lester C. Hunt, Jeyhun Mikayilov

As a party to the Paris Agreement, which aims to limit the global average temperature rise to below 2 degrees and keep it as close as possible to 1.5 degrees Celsius, Saudi Arabia has submitted its nationally determined contribution (NDC).…

Darandary, Abdulelah

Gasim, Anwar

Hunt, Lester C.

Mikayilov, Jeyhun

Macroeconomic and Sectoral Effects of the Natural Gas Price: Policy Insights from a Macroeconometric Model

Fakhri Hasanov, Muhammad Javid, Jeyhun Mikayilov, Rami Shabaneh, Abdulelah Darandary, Ryan Alyamani

Macroeconomic and sectoral assessment of the energy price reform (EPR) can provide policymakers with useful insights regarding price deregulation options. A key feature of this research that differentiates it from many other studies is its modeling framework. The framework first…

Hasanov, Fakhri

Javid, Muhammad

Mikayilov, Jeyhun

Shabaneh, Rami

Darandary, Abdulelah

Alyamani, Ryan