14 results

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
Industrial Energy Consumption in Saudi Arabia
Productivity and Economic Diversification

Industrial Energy Consumption in Saudi Arabia

Anwar Gasim

In 2017, Saudi Arabia’s total final energy consumption was 140.7 million tonnes of oil equivalent (Mtoe). Total final energy consumption is defined as energy used by final consumers (or end users). It includes electricity use in residential buildings, gasoline use…

Anwar Gasim Gasim, Anwar
May 31, 2020
Green Growth Pathways for Saudi Arabia
Climate Change Policies and Governance

Green Growth Pathways for Saudi Arabia

Green growth emphasizes that positive environmental outcomes can be consistent with economic prosperity and that greater social wellbeing can be achieved through ‘less use, more value’ policies.

April 6, 2020
KGEMM:  A Macroeconometric Model for Saudi Arabia
Models, Data and Tools

KGEMM: A Macroeconometric Model for Saudi Arabia

Fakhri Hasanov, Fred Joutz, Jeyhun Mikayilov, Muhammad Javid

The KAPSARC Global Energy Macroeconometric Model (KGEMM), is a policy analysis tool for examining the impacts of domestic policy measures and global economic and energy shocks on the Kingdom of Saudi Arabia.

Fakhri Hasanov Hasanov, Fakhri
Fred Joutz Joutz, Fred
Jeyhun Mikayilov Mikayilov, Jeyhun
Muhammad Javid Muhammad Javid
February 13, 2020
Gasoline Price Reform in Saudi Arabia
Productivity and Economic Diversification

Gasoline Price Reform in Saudi Arabia

Anwar Gasim, Mohammad Aldubyan

Saudi Arabia has been adjusting gasoline prices on a quarterly basis since the start of 2019, with the most recent adjustment occurring on July 14, 2019. These adjustments depend on changes in international oil prices, and are smaller than the…

Anwar Gasim Gasim, Anwar
Mohammad Aldubyan Aldubyan, Mohammad
September 1, 2019
How does Saudi Arabia’s recent energy performance compare with other G20 countries?
Electricity Sector Transitions

How does Saudi Arabia’s recent energy performance compare with other G20 countries?

Baltasar Manzano, Rolando Fuentes, Nicholas Howarth

The 68th annual edition of the BP Statistical Review, released recently, is a comprehensive account and analysis of global energy data. Saudi Arabia will be hosting the G20 summit in 2020, and the release of BP’s annual compilation provides a good opportunity…

Baltasar Manzano Manzano, Baltasar
Rolando Fuentes Fuentes, Rolando
Nicholas Howarth Howarth, Nicholas
August 20, 2019
Estimating the Impact of Energy Price Reform on Saudi Arabian Intergenerational Welfare using the MEGIR-SA Model
Models, Data and Tools Energy and Economic Vulnerability

Estimating the Impact of Energy Price Reform on Saudi Arabian Intergenerational Welfare using the MEGIR-SA Model

Energy Journal

This paper investigates the intergenerational welfare impact of raising state administered retail energy prices in Saudi Arabia, an example of an oil exporting country with a fast growing population. To achieve this, we develop a dynamic model with overlapping generations (called MEGIR-SA), which…

Frederic Gonand, Fakhri Hasanov, Lester C. Hunt

2019
Restructuring Saudi Arabia’s Power Generation Sector: Model-Based Insights
Electricity Sector Transitions

Restructuring Saudi Arabia’s Power Generation Sector: Model-Based Insights

Bertrand Rioux, Axel Pierru, Nader AlKathiri

Saudi Arabia plans to reform and privatize its power generation sector as part of the Kingdom’s Vision 2030. To provide analytical insights, we developed a model that simulates the restructuring of the electricity market, along with reforming fuel prices to…

Bertrand Rioux Rioux, Bertrand
Axel Pierru Pierru, Axel
Nader AlKathiri AlKathiri, Nader
December 20, 2017
Growth Through Diversification and Energy Efficiency: Energy Productivity in Saudi Arabia
Productivity and Economic Diversification

Growth Through Diversification and Energy Efficiency: Energy Productivity in Saudi Arabia

Steven Fawkes, Marzio Galeotti, Nicholas Howarth, Moncef Krarti, Alessandro Lanza, Padu Padmanabhan

With domestic energy demand in Saudi Arabia expected to potentially double by 2030, managing the relationship between energy consumption and economic growth will be very important for the Kingdom’s sustainable development. To assist in this task, this report recommends using…

Steven Fawkes Fawkes, Steven
Marzio Galeotti Galeotti, Marzio
Nicholas Howarth Howarth, Nicholas
Moncef Krarti Krarti, Moncef
Alessandro Lanza Lanza, Alessandro
Padu Padmanabhan Padmanabhan, Padu
November 24, 2017
How to Achieve Economic Prosperity Through Industrial Energy Productivity Improvement
Productivity and Economic Diversification

How to Achieve Economic Prosperity Through Industrial Energy Productivity Improvement

The King Abdullah Petroleum Studies and Research Center (KAPSARC) and the Energy Research Institute (ERI) of China’s National Development and Reform Commission (NDRC) have initiated a joint study into how industrial energy productivity can improve economic prosperity. This study comes…

September 27, 2017
Growth, Investment and the Low-Carbon Transition: A View From Saudi Arabia
Productivity and Economic Diversification

Growth, Investment and the Low-Carbon Transition: A View From Saudi Arabia

Nicholas Howarth, Alessandro Lanza

A common priority across G20 countries is the need to reinvigorate economies through an economic transformation that delivers a higher level of better quality growth. At KAPSARC, the need to improve economic growth and deliver climate goals agreed at COP21…

Nicholas Howarth Howarth, Nicholas
Alessandro Lanza Lanza, Alessandro
August 31, 2017
Reforming Industrial Fuel and Residential Electricity Prices in Saudi Arabia
Electricity Sector Transitions

Reforming Industrial Fuel and Residential Electricity Prices in Saudi Arabia

Walid Matar

The Saudi electricity sector buys fuel and sells electricity at prices administered by the government. In this analysis, we assume that fuel prices are deregulated — priced at their marginal values or international equivalents — and use a long-term static…

Walid Matar Matar, Walid
July 29, 2017
Impact of Domestic Fuel Price Reforms on the use of Public Transport in Saudi Arabia
Future of Transport and Fuel Demand

Impact of Domestic Fuel Price Reforms on the use of Public Transport in Saudi Arabia

In 2016, policymakers in Saudi Arabia increased domestic transportation fuel prices, which are expected to approach market levels in the near future. Current low crude oil prices offer an excellent opportunity for policymakers to deregulate the passenger transportation sector without…

July 9, 2017
Opportunities & Challenges in Reforming Energy Prices in GCC Countries

Opportunities & Challenges in Reforming Energy Prices in GCC Countries

The recent fall in oil and natural gas revenues has brought renewed attention to domestic energy pricing issues among GCC governments. Fuel and feedstock prices are typically set below world market prices to support domestic energy-intensive activities such as petrochemicals…

June 13, 2016