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      Volatility of Crude Oil Prices and the Mitigation of Oil Price Risk
      Future of Global Oil Markets

      Volatility of Crude Oil Prices and the Mitigation of Oil Price Risk

      The workshop participants voiced a number of diverse views about the prospects for ­future oil demand. They also clearly articulated the need for OPEC spare production capacity as a critical policy tool for the stabilization of world oil markets.

      28 August 2024
      Strategic Priorities and Cost Considerations for Decarbonizing Electricity Generation Using CCS and Nuclear Energy
      Electricity Sector Transitions

      Strategic Priorities and Cost Considerations for Decarbonizing Electricity Generation Using CCS and Nuclear Energy

      Muhammad Adnan Hayat, Shahid Hasan, Amro Elshurafa

      This paper investigates the economics of deploying carbon capture and storage (CCS) on gas-fired power plants while covering its entire value chain, i.e., carbon capture, transport, and storage, and conducting a thorough sensitivity scenario analysis. Our analysis shows that adopting…

      Muhammad Adnan Hayat Adnan Hayat, Muhammad
      Shahid Hasan Hasan, Shahid
      Amro Elshurafa Elshurafa, Amro
      25 August 2024
      Scaling Up Geothermal Power Generation to Rebalance the Energy Trilemma
      Regional Energy Markets

      Scaling Up Geothermal Power Generation to Rebalance the Energy Trilemma

      Energy is the vehicle that has enabled humanity to flourish. Since the dawn of time, humans have sought to find more efficient ways to power and propel their lives forward. With each generation, humanity has made progress in unlocking energy…

      25 August 2024
      Assessing CCUS Potential for LNG in the GCC
      Regional Energy Markets

      Assessing CCUS Potential for LNG in the GCC

      Zlata Sergeeva, Colin Ward

      As the world experiences the energy transition, traditional oil and gas producers are feeling a greater need to decarbonize their hydrocarbon production.

      Zlata Sergeeva Sergeeva, Zlata
      Colin Ward Ward, Colin
      14 August 2024
      Measuring Green Jobs in Saudi Arabia: Saudis in Green Occupations
      Productivity and Economic Diversification

      Measuring Green Jobs in Saudi Arabia: Saudis in Green Occupations

      Cian Mulligan

      This paper offers the first estimate of employment in Saudi Arabia that can be linked to the energy transition. Using a task-based taxonomy devised by the United States Bureau of Labor Statistics applied to detailed administrative data on Saudi workers,…

      Cian Mulligan Mulligan, Cian
      11 August 2024
      Trends in Global Solar Photovoltaic Installation in 2023
      Electricity Sector Transitions

      Trends in Global Solar Photovoltaic Installation in 2023

      Amro Elshurafa

      In 2023, global solar photovoltaic (PV) capacity increased by a record 407 gigawatts (GW) and brought the total global cumulative installed PV capacity to 1,589 GW at the end of 2023.

      Amro Elshurafa Elshurafa, Amro
      16 July 2024
      Impacts of Ride-Hailing on Energy and the Environment: A Systematic Review
      Future of Transport and Fuel Demand

      Impacts of Ride-Hailing on Energy and the Environment: A Systematic Review

      Rubal Dua, Tamara Sheldon

      Ride-hailing has expanded substantially around the globe over the last decade and is likely to be an integral part of future transportation systems. Through a systematic review of the literature concerning the energy and environmental impacts of ride-hailing, we have…

      Rubal Dua Dua, Rubal
      Tamara Sheldon Sheldon, Tamara
      15 July 2024
      Nudging Toward Sustainability: Behavioral Interventions in Saudi Arabia’s Residential Electricity Consumption

      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. 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 energy-efficient products,…

      Abdulelah Darandary Darandary, Abdulelah
      Hossa Almutairi Almutairi, Hossa
      08 July 2024
      The Role and Deployment Timing of Direct Air Capture in the Kingdom of Saudi Arabia’s Net-Zero Transition
      Climate Change Policies and Governance

      The Role and Deployment Timing of Direct Air Capture in the Kingdom of Saudi Arabia’s Net-Zero Transition

      Yang Qiu, Gokul Iyer, Jay Fuhrman, Mohamad Hejazi, Puneet Kamboj, Page Kyle

      The Kingdom of Saudi Arabia (KSA) has pledged to achieve net-zero greenhouse gas (GHG) emissions by 2060. Direct air carbon capture and storage (DACCS) is critical for the country to meet its net-zero target given its reliance on fossil fuels…

      Yang Qiu Yang Qiu
      Gokul Iyer Gokul Iyer
      Jay Fuhrman Jay Fuhrman
      Mohamad Hejazi Hejazi, Mohamad
      Puneet Kamboj Puneet Kamboj
      Page Kyle Page Kyle
      08 July 2024
      An Emerging Framework for the Probabilistic Cost- Benefit Analysis of the Reliability, Resiliency, and Adaptability of Electric Power Systems
      Electricity Sector Transitions

      An Emerging Framework for the Probabilistic Cost- Benefit Analysis of the Reliability, Resiliency, and Adaptability of Electric Power Systems

      Frank Felder, Marie Petitet

      Probabilistic cost-benefit analyses of the reliability, resiliency, and adaptability of electric power systems can inform policymakers on how to efficiently reduce the frequency, magnitude, duration, and costs of power outages; how to cost-effectively improve the integration of variable and intermittent…

      Frank Felder Felder, Frank
      Marie Petitet Marie Petitet
      07 July 2024