The Role of Renewable Energy and Total Factor Productivity in Reducing Carbon Emissions: A Case of Top-ranked Nations in the Renewable Energy Country Attractiveness Index Science Direct Fakhri Hasanov
Which Bioenergy with Carbon Capture and Storage (BECCS) Pathways Can Provide Net-negative Emissions? Science Direct Muhammad Adnan Hayat, Khalid Alhadhrami, Amro Elshurafa
Beyond Efficiency Gains: Addressing the Rebound Effect in Saudi Arabian Residential Cooling Science Direct Mohammad Aldubyan, Fateh Belaïd, Anwar Gasim
Evaluation of Public Investment Projects Resilience of Saudi Arabia’s Economy to Oil Shocks: Effects of Economic Reforms Sage Journals We assess the extent to which the implementation of Vision 2030 policies enhances the Saudi economy’s resilience to oil shocks. Using a dynamic stochastic general equilibrium model that captures the country’s economic diversification policies, we build a resilience index based… Hossa Almutairi, Axel Pierru, Baltasar Manzano, Marzio Galeotti
Managing the Oil Market Under Misinformation: A Reasonable Quest? Hossa Almutairi, Axel Pierru, James L. Smith This paper examines the type and quality of information that OPEC needs to stabilize the oil market. We extend our previous structural model, in which OPEC makes potential mistakes in judging the size of market shocks, to now include the… Almutairi, Hossa Pierru, Axel James L. Smith
Electricity Sector Transitions Critical Minerals in the Energy Transition: Exploring Prospects and Addressing Hurdles The worldwide endeavor to achieve a low-carbon, sustainable economic future via energy transition technologies emphasizes the significant need for minerals and materials.
Climate Change Policies and Governance How the U.S. Inflation Reduction Act Supports Energy Efficiency and Low-Carbon Buildings Fateh Belaïd, Mahelet G. Fikru The U.S. Inflation Reduction Act (IRA) recognizes that buildings account for a significant share of U.S. energy consumption and greenhouse gas emissions. To address this issue, the IRA includes a range of policies and programs to make energy efficiency and… Belaïd, Fateh Mahelet G. Fikru
Climate Change Policies and Governance Toward Just Transitions in the MENA Region: Insights from the 2022 Circular Carbon Economy Index Fatih Yılmaz, Mari Luomi, Laura El-Katiri In recent years, it has become increasingly evident that any major effort to reduce emissions will require a whole-of-society approach that brings along people equally within and across countries. As a sign of this notion entering the “mainstream” of global… Yılmaz, Fatih Luomi, Mari Laura El-Katiri
Future of Global Oil Markets The New Oil Market Multiverse: Physical Commodity Swaps as Instruments for Circumventing Sanctions and Their Implications for the Global Economy Majed A. Al Suwailem, David Soud From the global pandemic to the aftershocks of the COVID-19 pandemic and the war in Ukraine, the past few years have witnessed a reordering of global trade flows, most dramatically in the energy sector. Less obviously, these shifts have also… Al Suwailem, Majed A. David Soud
Regional Energy Markets European Gas Supply Diversification: What Is the Role of Middle Eastern and African Liquefied Natural Gas? Sid Ahmed Hamdani, Rami Shabaneh This paper investigates the role of the Middle East and Africa (MEA) in supplying liquefied natural gas (LNG) to Europe in the context of sustained Russian gas pipeline disruptions. Hamdani, Sid Ahmed Shabaneh, Rami
Energy and Economic Vulnerability Forecasting Saudi Arabia’s Non-Oil GDP Using a Bayesian Mixed Frequency VAR Jeremy Rothfield, Mansour Al Rajhi Bayesian vector autoregressions have been used by central banks to prepare short-term projections of quarterly GDP and other macroeconomic variables. The Bayesian approach offers the advantage that a researcher can use a priori knowledge to specify a prior distribution of… Rothfield, Jeremy Mansour Al Rajhi
Future of Global Oil Markets KAPSARC Oil Market Outlook This quarter’s highlights include an oil demand quarter-on-quarter (QoQ) growth of 940 Kb/d following last quarter’s declines. While the Organization for Economic Cooperation and Development (OECD) countries witnessed a QoQ decline of roughly 700 thousand barrels per day (Kb/d) last…
Productivity and Economic Diversification Smart Energy-Saving Technologies and Their Potential Application in Buildings Lessons for Saudi Arabia Fateh Belaïd, Fatimah Alsunbul, Mohammad Aldubyan The increasing demand for energy in our modern world has led to a critical need to conserve energy resources. The International Renewable Energy Agency (IRENA) predicts that under the 1.5°C scenario, electricity will be the primary energy carrier in the… Belaïd, Fateh Alsunbul, Fatimah Aldubyan, Mohammad
Energy-from-Waste (Ef W) with Carbon Capture and Storage (CCS) in Saudi Arabia Naser Odeh Carbon dioxide removal (CDR) technologies, such as direct air capture (DAC) and bioenergy with carbon capture and storage (BECCS), are essential for Saudi Arabia to achieve net zero by 2060. It is estimated that approximately 250–371 Mt/y of CDR will… Naser Odeh
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
Future of Global Oil Markets Projecting Global Oil Demand for the Buildings Sector Fateh Belaïd, Mohammad Aldubyan As one of the largest consumers of energy resources, the building sector plays a key role in the evolution of the global energy landscape. Buildings account for approximately one-third of the world’s final energy consumption. This methodology paper aims to provide… Belaïd, Fateh Aldubyan, Mohammad
Models, Data and Tools 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
Electricity Sector Transitions Assessment of the Potential of Floating Offshore Wind Turbines in the Red Sea Ahmed Al-Balawi, Nora Nezamuddin, Frank Felder, Abdelrahman Muhsen, Amro Elshurafa Floating offshore wind turbines (FOWTs) have recently gained traction and are being installed in several regions of Europe and Asia. These turbines use the same technology as typical offshore wind turbines but are not directly anchored to the seabed. Instead,… Ahmed Al-Balawi Nezamuddin, Nora Felder, Frank Muhsen, Abdelrahman Elshurafa, Amro
The U.S. Hydrogen Production Tax Credit (45V) – The Cause of an Ideological Fault Line In 2022, the U.S. passed the “Inflation Reduction Act (IRA)” – legislation that appropriated ~$370 billion as subsidies for measures dedicated to improving energy security and accelerating the clean energy transition, making it the single largest investment in climate and…
Models, Data and Tools Global Crude Oil Refinery Configurations Evar Umeozor Crude oil refineries produce finished petroleum products through a series of processing steps known as refinery unit operations. The capacities and varieties of process units, along with their operational characteristics, differentiate one refinery from another. Umeozor, Evar
