473 results

Saudi Arabia’s CO2 Emissions Steady in 2019 Ahead of Expected 2020 Fall Due to COVID-19

Saudi Arabia’s CO2 Emissions Steady in 2019 Ahead of Expected 2020 Fall Due to COVID-19

Nicholas Howarth, Alessandro Lanza, Thamir Alshehri, Jan Frederik Braun

The 2019 data on carbon dioxide (CO2) emissions have just been released ahead of an expected large fall in CO2 emissions in 2020 due to the impact of COVID-19. On June 3, Enerdata released its data for Saudi Arabia’s 2019…

Nicholas Howarth Howarth, Nicholas
Alessandro Lanza Lanza, Alessandro
Thamir Alshehri Alshehri, Thamir
Jan Frederik Braun Braun, Jan Frederik
July 12, 2020
Social Distancing: The Impact of COVID-19 on Mobility in Saudi Arabia

Social Distancing: The Impact of COVID-19 on Mobility in Saudi Arabia

Hatem Al Atawi

Saudi Arabia took early measures to combat the spread of COVID-19 by enforcing social distancing measures. Figure 1 compares the daily change in mobility1 requests submitted by users of Apple Maps in Saudi Arabia since February 27, 2020 (left axis)…

Hatem Al Atawi Al Atawi, Hatem
July 8, 2020
The Impact of the Coronavirus Lockdown on the Electricity Sectors in Saudi Arabia and India

The Impact of the Coronavirus Lockdown on the Electricity Sectors in Saudi Arabia and India

Yagyavalk Bhatt, Anushree Majumdar, Nora Nezamuddin

Currently, an estimated third of the global population is under some form of government-imposed lockdown measure aimed at curbing the spread of COVID-19. These lockdown measures have had various negative economic effects and could decrease electricity demand (Business Insider 2020).…

Yagyavalk Bhatt Bhatt, Yagyavalk
Anushree Majumdar Majumdar, Anushree
Nora Nezamuddin Nezamuddin, Nora
July 5, 2020
Estimating the Size and Efficiency of the Saudi Vehicle Fleet

Estimating the Size and Efficiency of the Saudi Vehicle Fleet

Rubal Dua

Estimates of the size of Saudi Arabia’s vehicle fleet in 2015 vary from as high as 18 million (Arab News 2014) to as low as 6.6 million (OICA 2019). This significant variation stems from the fact that the Kingdom does…

Rubal Dua Dua, Rubal
June 24, 2020
Saudi Electricity Demand for 2018-2019 based on Saudi Electricity Company Data
Electricity Sector Transitions

Saudi Electricity Demand for 2018-2019 based on Saudi Electricity Company Data

Salaheddine Soummane

Saudi electricity demand grew by 5% per year between 2010 and 2018. The Saudi government implemented two energy price reforms, in 2016 and 2018, which included significant electricity tariff hikes. The government also implemented a range of efficiency measures to…

Salaheddine Soummane Soummane, Salaheddine
June 21, 2020
Saudi Arabia’s Unfolding Power Sector Reform: Features, Challenges and Opportunities for Market Integration
Electricity Sector Transitions

Saudi Arabia’s Unfolding Power Sector Reform: Features, Challenges and Opportunities for Market Integration

Shahid Hasan, Turki Alaqeel, Nawaz Peerbocus

Today, there is a physical exchange of electricity between Gulf Cooperation Council (GCC) countries. However, this is not the same as competitive trade in electricity. Numerous studies have shown the efficiency benefits of electricity trade among GCC countries. These studies…

Shahid Hasan Hasan, Shahid
Turki Alaqeel Alaqeel, Turki
Nawaz Peerbocus Peerbocus, Nawaz
June 21, 2020
Saudi Arabian Cement Companies: Upgrading Through Leveraging Overcapacity
Regional Energy Markets

Saudi Arabian Cement Companies: Upgrading Through Leveraging Overcapacity

Jitendra Roychoudhury

The Kingdom of Saudi Arabia’s annual cement production capacity of 72.4 million tonnes is the highest of any Gulf country. From 2001-2005, Saudi cement production grew at a compound annual growth rate of almost 8%. However, its annual production in…

Jitendra Roychoudhury Roychoudhury, Jitendra
June 21, 2020
Estimating the Impact of the COVID-19 Pandemic on Saudi GDP

Estimating the Impact of the COVID-19 Pandemic on Saudi GDP

David Havrlant, Abdulelah Darandary, Abdelrahman Muhsen

The COVID-19 pandemic has interrupted economic and social activity globally at an unprecedented pace. The international movement of goods has been limited to the necessary minimum, often solely for deliveries of protective and healthcare equipment. Many governments have imposed strict…

David Havrlant Havrlant, David
Abdulelah Darandary Darandary, Abdulelah
Abdelrahman Muhsen Muhsen, Abdelrahman
June 10, 2020
World Oil and Inventory Study: A Global VAR Analysis
Future of Global Oil Markets

World Oil and Inventory Study: A Global VAR Analysis

Jennifer Considine, Abdullah Aldayel, Emre Hatipoglu

Despite numerous journal articles, forecasting studies, and books, very little is known about the actual quantitative value, or economic cost, of shocks to world oil markets. The potential consequences of a given political or economic disturbance are unclear, and appear…

Jennifer Considine Considine, Jennifer
Abdullah Aldayel Aldayel, Abdullah
Emre Hatipoglu Hatipoglu, Emre
June 10, 2020
OPEC’s Pursuit of Market Stability

OPEC’s Pursuit of Market Stability

IAEE

We investigate attempts by the Organization of Petroleum Exporting Countries (OPEC) to stabilize the price of oil during the past fifty years. We first develop a novel decomposition of shifts in global demand and non-OPEC supply. This decomposition provides a…

Axel Pierru, James L. Smith, Hossa Almutairi

2020
Do High Oil Prices Obstruct the Transition to Renewable Energy Consumption?

Do High Oil Prices Obstruct the Transition to Renewable Energy Consumption?

MDPI

The study analyzes the impact of economic growth, carbon dioxide (CO2) emissions, and oil price on renewable energy consumption in Azerbaijan for the data spanning from 1992 to 2015, utilizing structural time series modeling approach. Estimation results reveal that there…

Jeyhun Mikayilov, Shahriyar Mukhtarov, Vugar Muradov, Sugra Humbatova

2020
Why Did Domestic Gasoline Prices Fall in Saudi Arabia?

Why Did Domestic Gasoline Prices Fall in Saudi Arabia?

Anwar Gasim, Mohammad Aldubyan

What is behind the dramatic fall in gasoline prices? On May 11, 2020, Saudi Arabia slashed its domestic gasoline prices. The price of 91-octane gasoline fell from 1.31 to 0.67 Saudi Arabian riyals (SAR) per liter, while the price of…

Anwar Gasim Gasim, Anwar
Mohammad Aldubyan Aldubyan, Mohammad
June 7, 2020