Mapping and Understanding the Drivers of Fuel Poverty in Emerging Economies: The Case of Egypt and Jordan Science Direct Fateh Belaïd
Future of Global Oil Markets Natural Gas Price Surge: Implications for International Energy Markets and the Way Forward Raed Al-Mestneer, Fateh Belaïd What Are the Reasons Behind the Soaring Gas Prices? As the Northern Hemisphere has moved into winter, the current worldwide surge in energy prices has raised fears of an energy crisis with serious implications. The focus of this brief Instant… Al-Mestneer, Raed Belaïd, Fateh
The Global Methane Pledge: What It Means for the Oil and Gas Industry Post-COP26 Rami Shabaneh After two weeks of climate negotiations in Glasgow, the 2021 U.N. Climate Change Conference of the Parties (COP26) concluded successfully. Representatives of nearly 200 nations agreed to well over 50 decisions (some of which have been pending since COP24), keeping… Shabaneh, Rami
Modeling and Forecasting Industrial Electricity Demand for Saudi Arabia: Uncovering Regional Characteristics Jeyhun Mikayilov, Ryan Alyamani, Abdulelah Darandary, Muhammad Javid, Fakhri Hasanov, Saleh T. AlTurki, Rey B. Arnaiz The objective of this study is to investigate Saudi Arabia’s industrial electricity consumption at the regional level. We apply structural time series modeling to annual data over the period of 1990 to 2019. In addition to estimating the size and… Mikayilov, Jeyhun Alyamani, Ryan Darandary, Abdulelah Javid, Muhammad Hasanov, Fakhri Saleh T. AlTurki Rey B. Arnaiz
Models, Data and Tools Energy Open Data, Energy Policy Scenario Models and Tools The workshop brought together over 40 experts from research, academia, government and industry to exchange ideas and experiences around the theme of open data for the energy sector. Participants discussed obstacles for Saudi Arabia, including the limited availability of open…
Future of Global Oil Markets India’s Ambition to Achieve Net-Zero Emissions by 2070: Uncertainty and Opportunity Yagyavalk Bhatt, Zlata Sergeeva, Brian Efird The special report by the Intergovernmental Panel on Climate Change (IPCC) on the impacts of global warming of 1.5 degrees Celsius (°C) above pre-industrial levels highlighted the importance of achieving net-zero emissions or a carbon-neutral future. There has subsequently been… Bhatt, Yagyavalk Sergeeva, Zlata Efird, Brian
Climate Change Policies and Governance The Circular Carbon Economy Index 2021 – Results Mari Luomi, Fatih Yılmaz, Thamir Al Shehri There is an urgent need to align global carbon dioxide and other greenhouse gas emissions with climate-safe trajectories. A broad range of technologies and approaches are needed to achieve this cost-effectively and equitably. The circular carbon economy (CCE) concept provides… Luomi, Mari Yılmaz, Fatih Al Shehri, Thamir
Electricity Sector Transitions Renewables, Reliability and Efficiency in Electricity Markets Frank Felder, Marie Petitet The choice to use electricity markets to transition to an ultra-high renewable electricity sector depends on whether a high level of reliability and efficiency can be achieved. This study presents a reliability, resiliency and adaptability policy framework for a liberalized… Felder, Frank Marie Petitet
Productivity and Economic Diversification What Drove Saudi Arabia’s 2020 Fall in CO2 Emissions? Thamir Al Shehri, Jan Frederik Braun, Anwar Gasim, Mari Luomi In June 2021, the energy data provider Enerdata released its initial estimates for Saudi Arabia’s 2020 carbon dioxide (CO2) emissions. The data indicate that the Kingdom’s CO2 emissions from fuel combustion decreased by 3.3%, from 508.3 million tonnes of CO2… Al Shehri, Thamir Braun, Jan Frederik Gasim, Anwar Luomi, Mari
Models, Data and Tools Saving Costs and Emissions by Reforming Electricity Prices in Saudi Arabia: A Counterfactual Assessment Abdulelah Darandary, Jeyhun Mikayilov, Hatem Al Atawi Electricity price reforms are generally regarded as a mechanism to reduce distortions in energy markets, improve energy efficiency, and increase government revenue. However, an additional co-benefit of such policy measures is lowering greenhouse gas (GHG) emissions. Darandary, Abdulelah Mikayilov, Jeyhun Al Atawi, Hatem
Productivity and Economic Diversification Cost-Effectiveness of Energy Efficiency and Renewable Energy Technologies for Reducing Peak Demand Moncef Krarti, Mohammad Aldubyan This paper describes an optimization-based approach to evaluate measures providing peak electricity demand reduction cost benefits for Saudi residential buildings. These measures can be categorized as energy efficiency (EE) and renewable energy (RE) measures. Specifically, this paper models the existing… Krarti, Moncef Aldubyan, Mohammad
Climate Change Policies and Governance The Implications of Soaring Gas and Coal Prices on Europe’s Energy Poverty Trap Fateh Belaïd With the recovery of the world economy following the easing of restrictions designed to contain COVID-19, energy demand has surged even as natural gas stocks were dangerously low. This triggered one of the first significant energy shocks of the green… Belaïd, Fateh
How Do Bankruptcies in the Shale Sector Induce Operators to Focus on Value Creation? Majed A. Al Suwailem Between January 2015 and early 2021, about 76 of the approximately 2,160 small-to-medium independent companies in the tight oil sector filed for Chapter 11 protection. These filings mostly occurred in 2016 and 2019. These companies were negatively impacted by the… Al Suwailem, Majed A.
Aviation Fuel Consumed and Passengers Carried in Saudi Arabia Abdulrahman Alwosheel, Andres Felipe Guzman, Abu Toasin Oakil The air transport sector in Saudi Arabia has an important impact on the economy (e.g., job creation, gross domestic product, and gross value added). Over 690 routes are registered in the Kingdom of Saudi Arabia for both domestic and international… Alwosheel, Abdulrahman Felipe Guzman, Andres Oakil, Abu Toasin
Residential Energy Model for Evaluating Energy Demand and Energy Efficiency Programs in Saudi Residential Buildings Science Direct Mohammad Aldubyan
Theoretical framework for industrial energy consumption revisited: The role of demographics Science Direct Fakhri Hasanov
Why are European Wholesale Electricity Prices Soaring? Marie Petitet, Fateh Belaïd Since the beginning of summer 2021, European wholesale electricity prices have been soaring to historic highs. The average day-ahead price of electricity for central European countries more than doubled between June and September, reaching 170 euros per megawatthour (e/MWh) on… Marie Petitet Belaïd, Fateh
Models, Data and Tools Oil Market Shocks and Financial Instability in Asian Countries Fakhri Hasanov, Leila Dagher There is no commodity whose interlinkages with the macroeconomy have been studied as extensively as oil, starting with Hamilton’s (1983) seminal study. Thousands of subsequent studies have examined the relationship between oil prices and various economic variables, including the stock… Hasanov, Fakhri Dagher, Leila
Oman’s Second Nationally Determined Contribution (NDC) Mari Luomi, Aisha Al-Sarihi In July 2021, Oman submitted its second nationally determined contribution to the Paris Agreement on climate change (NDC). In the NDC, Oman pledges to reduce its greenhouse gas (GHG) emissions by 7% relative to a business-as-usual (BAU) scenario by 2030.… Luomi, Mari Al-Sarihi, Aisha
