The unstudied barriers to widespread renewable energy deployment: Fossil fuel price responses Energy Policy Renewable energy policy focuses on supporting the deployment of renewable power generators so as to reduce their costs through scale economies and technological learning. It is expected that, once cost parity with fossil fuel generation is achieved, a transition towards… Edward Foster, Marcello Contestabile, Baltasar Manzano, Mark Workman, Nilay Shah
Analyzing the effects of renewable energy and climate conditions on consumer welfare Energy Journal This paper aims to measure the impact of the gradual adoption of Renewable Energy Sources (RES) on the welfare of consumers. To this end, we construct a theoretically founded measure of the true cost of living (TCL) and the equivalence… Tarek Atalla, Simona Bigerna, Carlo Andrea Bollino, Rolando Fuentes
Energy productivity evaluation of large scale building energy efficiency programs for Oman Sustainable Cities and Society This paper outlines the benefits of large scale energy efficiency programs for new and existing buildings in Oman. In particular, an energy productivity analysis for these programs is carried out to encompass their overall impact for Oman’s economy. Over 75%… Moncef Krarti, Kankana Dubey
Determinants of energy productivity in 39 countries: An empirical investigation Energy Economics This paper uses three types of analysis to investigate the drivers of energy productivity changes occurring in 39 countries during 1995–2009. We find that increases in sectoral energy productivity were the primary driver behind economy-wide energy productivity improvements. Structural economic… Tarek Atalla, Patrick Bean
Regional Energy Markets Coal and Renewables in India: Complementarity, Competition and Challenges Coal and renewables are seen as the cornerstone of India’s energy strategy to meet its growing electricity demand. These two energy resources are at different stages of legislative, policy, regulatory and institutional reform.
Fossil fuel price shocks and CO2 emissions: The case of Spain Energy Journal This paper focuses on the impact of oil, natural gas and coal price shocks on the Spanish business cycle from 1969 to 2013. It uses Bayesian procedures to estimate a Dynamic Stochastic General Equilibrium (DSGE) model for a small open… Jorge Blazquez, Jose Maria Martin-Moreno
Evaluating Uganda’s Oil Sector: Estimation of Upstream Projects Colin Ward Uganda and other countries in Eastern Africa are on the cusp of developing many oil and gas resources, and there is reason for local content to be included in the discussion. As part of a larger research effort at KAPSARC… Ward, Colin
Modeling and forecasting electricity demand in Azerbaijan using cointegration techniques Energies Policymakers in developing and transitional economies require sound models to: (i) understand the drivers of rapidly growing energy consumption and (ii) produce forecasts of future energy demand. This paper attempts to model electricity demand in Azerbaijan and provide future forecast… Fakhri Hasanov, Lester C. Hunt, Jeyhun Mikayilov
Future of Natural Gas Markets Shaking up the LNG Scene Dramatic changes in the global liquified natural gas (LNG) markets are already visible through market dynamics and stakeholders’ behavior, but many other signs point to much more significant changes to come – a great reconfiguration, which could transform the way…
Electricity Sector Transitions Adding Photovoltaics to the Saudi Power System: What are the Costs of Intermittency? Amro Elshurafa, Walid Matar Intermittent generation from wind or photovoltaics (PV) imposes a cost on the power systems in which they are deployed. These costs vary regionally due to different fuel costs and ramping flexibility of existing grid capacities. With 2015 as a reference… Elshurafa, Amro Matar, Walid
Future of Natural Gas Markets LNG for Africa Though Africa is traditionally considered as an exporter of pipeline gas and liquefied natural gas (LNG), in future it could come to be seen as an LNG market. Until recently, financing issues, market conditions, price sensitivity and the small size…
Leveraging Intellectual Capital to Enhance Collaboration and Technology Deployment While Mitigating Freedom to Operate Risks in the Partitioned Zone Majed A. Al Suwailem Saudi Arabian Chevron, Inc. (SAC) established a robust, evergreen Intellectual Property Program to manage its intellectual property assets across the onshore portioned zone. The program applies Chevron’s intellectual property asset management system and accounts for government regulations and specific intellectual… Al Suwailem, Majed A.
A tutorial on building policy models as mixed-complementarity problems Interfaces After 50 years of development, building and solving mixed-complementarity problems (MCPs) have become commonplace for policy models that analyze markets. These models are used to develop policies that reshape markets, or introduce markets that replace other organizational forms. In this… Frederic Murphy, Axel Pierru, Yves Smeers
Economic impacts of debottlenecking congestion in the Chinese coal supply chain Energy Economics The fast pace of development in China’s coal industry created bottlenecks in its transportation infrastructure. These bottlenecks likely affected not only China’s domestic coal market, but also global coal markets. In this paper, we estimate the costs and consequences of… Bertrand Rioux, Philipp Galkin, Frederic Murphy, Axel Pierru
Electricity Sector Transitions Is unbundling electricity services the way forward for the power sector? Electricity Journal High penetration of distributed energy resources will lead to further fragmentation of the power sector, both in the services offered and its value chain. Successful business models will be those that are able to create new products, establish more efficient… Rolando Fuentes
Macroeconomic Impacts of Oil and Gas Discoveries in New Producing Countries Macroeconomic impacts from developing a country’s natural resources can occur much earlier than initially expected. There is evidence that just the announcement of a large oil or gas discovery can affect the economy.
Productivity and Economic Diversification Evaluating Building Energy Efficiency Investment Options for Saudi Arabia Kankana Dubey, Nicholas Howarth, Moncef Krarti This study suggests that energy efficiency programs in buildings can provide up to a 27 percent reduction in electricity consumption and a 30 percent reduction in peak electricity demand for Saudi Arabia. It is well recognized, however, that given the… Dubey, Kankana Howarth, Nicholas Krarti, Moncef
Productivity and Economic Diversification Impacts of Higher Energy Efficiency on Growth and Welfare Across Generations in Saudi Arabia Energy policies in the oil-rich countries of the Gulf Cooperation Council (GCC) region influence their domestic growth in the long run. Accordingly, they also redistribute income across generations over long periods. In this paper, we use MEGIR-SA to assess the…
Productivity and Economic Diversification Macroeconomic and Welfare Effects of Energy Policies in Saudi Arabia: The MEGIR-SA Model MEGIR – Model with Energy, Growth and Intergenerational Redistribution – investigates the long-run implications for growth and equity across generations of different energy policies. It is the first general equilibrium model with overlapping generations to be developed and applied for…
