This project aims to conduct advisory and applied research activities focused on modeling and forecasting indicators of energy consumption and their impacts in Saudi Arabia. In line with the ongoing energy policies the Kingdom is implementing, the project focuses on three main areas:
- Modeling and forecasting energy consumption indicators.
- Modeling and forecasting the environmental impacts of energy consumption.
- Investigating the trajectories and potential of energy efficiency.
The first area focuses on advisory and applied research activities around modeling indicators of energy consumption. Applying econometric techniques and tools to time-series data on targeted indicators will enable the project to reveal relation-specific parameters, their features over time, and forecast values for the expected or designed scenarios.
The second area models the environmental impacts of energy consumption, employing econometric techniques and tools to the relevant framework and data to make policy simulations and forecasts. Considering the ongoing activities in the Kingdom to control and mitigate the adverse impacts of energy consumption, this area will contribute to policymaking by giving a clear picture of the channels and trajectories of these adverse impacts.
The third area will analyze the trajectories and potential of energy efficiency at the sectoral and regional levels. This will reveal historical efficiency trends, potentials, and channels to make and increase the efficiency of energy consumption.