Publications

Will Government Support for CCS-EOR Lead to Reduced Emissions?

Axel Pierru, Hossa Almutairi

Government support for CCS-EOR projects is often contested on the grounds that the resulting increase in oil production undermines their environmental benefits. This paper summarizes a simple approach based on a marginal reasoning consistent with economic decision-making. It produces analytical…

Pierru, Axel

Almutairi, Hossa

Assessing Climate Mitigation Benefits of Public Support to CCS-EOR: An Economic Analysis

Hossa Almutairi, Axel Pierru

Government support for CCS-EOR projects is sometimes contested on the grounds that the resulting increase in oil production undermines their environmental benefits. Addressing this concern requires determining the effects of implementing CCS-EOR on global CO2 emissions. This paper presents a…

Almutairi, Hossa

Pierru, Axel

Hard-linking a Top-down Economic Model with a Bottom-up Energy System for an Oil-exporting Country with Price Controls

Science Direct

Olivier Durand-Lasserve, Axel Pierru, Hossa Almutairi, Abdullah AlJarboua, Shreekar Pradhan, Frederic Murphy

Oil Market Stabilization: The Performance of OPEC and Its Allies

IAEE

Axel Pierru, Hossa Almutairi, James L. Smith

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…

Almutairi, Hossa

Galeotti, Marzio

Manzano, Baltasar

Pierru, Axel

The Value of Opec’s Spare Capacity to the Oil Market and Global Economy

Wiley Online Library

We investigate the extent to which OPEC has succeeded in its self‐stated mission of stabilising the oil market and the implications for the world’s economy. We discuss the modelling framework developed by Pierru, Smith and Zamrik (2018) and Pierru, Smith…

Hossa Almutairi, Axel Pierru, James L. Smith

Sectoral and Economy-Wide Effects of Domestic Energy Price Reforms in Saudi Arabia

Olivier Durand-Lasserve, Hossa Almutairi, Abdullah AlJarboua, Frederic Murphy, Shreekar Pradhan, Axel Pierru

This paper simulates the sectoral and economy-wide consequences of deregulating energy prices in Saudi Arabia. Our analysis is based on KAPSARC’s general equilibrium energy model (KEMGE), a new hybrid computable general equilibrium model (CGE). The model examines the effects of…

Durand-Lasserve, Olivier

Almutairi, Hossa

AlJarboua, Abdullah

Murphy, Frederic

Pradhan, Shreekar

Pierru, Axel

Promoting Energy Market Stability in a Transitioning World

T20

Stability in international energy markets is critical for promoting adequate investment in infrastructure so that economic activity can be sustained, in order to provide pathways for growth and improvement in welfare. In light of recent global events and the varied…

Kenneth Medlock III, Axel Pierru, Hossa Almutairi

OPEC’s Pursuit of Market Stability

IAEE

We investigate attempts by the Organization of Petroleum Exporting Countries (OPEC) to stabilize the price of oil during the past fifty years. We first develop a novel decomposition of shifts in global demand and non-OPEC supply. This decomposition provides a…

Axel Pierru, James L. Smith, Hossa Almutairi

Carbon tax based on the emission factor: a bilevel programming approach

Journal of Global Optimization

Hossa Almutairi

Modeling, analysis, and evaluation of a carbon tax policy based on the emission factor

Computers & Industrial Engineering

Hossa Almutairi

A new Lagrangean approach to the pooling problem

Journal of Global Optimization

Hossa Almutairi