266 results

An Estimation of the Drivers Behind OPEC’s Quota Decisions
Future of Global Oil Markets

An Estimation of the Drivers Behind OPEC’s Quota Decisions

Philipp Galkin, Tarek Atalla, Zhongyuan Ren

This paper identifies key determinants that appear to shape OPEC’s quota strategy and implementation. Using econometric estimations, it examines the factors that seem to most influence members’ adherence to their production commitments in the short term and what drives the…

Philipp Galkin Galkin, Philipp
Tarek Atalla Atalla, Tarek
ZR
Ren, Zhongyuan
July 19, 2018
Policy Lessons From China’s CCS Experience
Climate Change Policies and Governance

Policy Lessons From China’s CCS Experience

Xiaoliang Yang, Wolfgang Heidug

China’s political leadership has taken an increasingly public and proactive stance on climate change since 2014. This includes a commitment that Chinese carbon dioxide (CO2) emissions will peak before 2030 and enacting measures through the 13th Five-Year Plan to support…

Xiaoliang Yang Yang, Xiaoliang
Wolfgang Heidug Heidug, Wolfgang
July 2, 2018
Electricity Market Integration in the GCC and MENA: Imperatives and Challenges
Regional Energy Markets

Electricity Market Integration in the GCC and MENA: Imperatives and Challenges

Rising electricity demand and growing fiscal constraints have encouraged governments in the Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) regions to consider more cooperative approaches to delivering reliable and affordable electricity services. The development of an…

July 1, 2018
The Costs and Gains of Coordinating Electricity Generation in the Gulf Cooperation Council Utilizing the Interconnector
Regional Energy Markets

The Costs and Gains of Coordinating Electricity Generation in the Gulf Cooperation Council Utilizing the Interconnector

David Wogan, Frederic Murphy, Axel Pierru

Countries in the Gulf Cooperation Council (GCC) have installed a network of high-voltage transmission lines, known as the GCC Interconnector, which links the member states of Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the United Arab Emirates (UAE). The Interconnector…

David Wogan Wogan, David
Frederic Murphy Murphy, Frederic
Axel Pierru Pierru, Axel
June 10, 2018
Potential Effects of Trade Liberalization on China’s Imports of Plastics From the GCC
Regional Energy Markets

Potential Effects of Trade Liberalization on China’s Imports of Plastics From the GCC

Philipp Galkin, Carlo Andrea Bollino, Rami Shabaneh

Petrochemical products, particularly plastics, contribute to a significant share of expanding and increasingly diverse trade flows between the Gulf Cooperation Council (GCC) countries and China. The petrochemical sector could benefit from a preferential bilateral trade regime between China and the…

Philipp Galkin Galkin, Philipp
Carlo Andrea Bollino Bollino, Carlo Andrea
Rami Shabaneh Shabaneh, Rami
June 4, 2018
OPEC’s Impact on Oil Price Volatility: The Role of Spare Capacity
Future of Global Oil Markets

OPEC’s Impact on Oil Price Volatility: The Role of Spare Capacity

Energy Journal

OPEC claims to hold and use spare production capacity to stabilize the crude oil market. We study the impact of that buffer on the volatility of oil prices. After estimating the stochastic process that generates shocks to demand and supply,…

Axel Pierru, Tamim Zamrik

2018
Unintended consequences of China’s coal capacity cut policy

Unintended consequences of China’s coal capacity cut policy

Energy Policy

In early 2016, China introduced additional capacity cut policies to rebalance supply in the coal market to match demand that had been reduced by slow economic growth and strict environmental regulation. Ensuing disruptions to the coal market caused these policies…

Bertrand Rioux, Philipp Galkin

2018
Benefits of energy efficiency programs for residential buildings in Bahrain

Benefits of energy efficiency programs for residential buildings in Bahrain

Journal of Building Engineering

This paper outlines the approach and the cost-effectiveness potential for designing and retrofitting residential buildings to be energy-efficient in Bahrain. The analysis is focused on residential buildings since these buildings consume over 48% of the total electricity used in Bahrain.…

Moncef Krarti, Kankana Dubey

2018
Gasoline savings from clean vehicle adoption
Future of Transport and Fuel Demand

Gasoline savings from clean vehicle adoption

Energy Policy

Conventional counterfactuals used in literature may underestimate fuel savings from clean vehicle adoption, thus overestimating the costs of securing associated environmental benefits. Using a large-scale nationally representative sample of U.S. new car buyers, we propose a choice model-based counterfactual approach…

Tamara Sheldon, Rubal Dua

2018
Estimating the learning curve of solar PV balance–of–system for over 20 countries: Implications and policy recommendations

Estimating the learning curve of solar PV balance–of–system for over 20 countries: Implications and policy recommendations

Journal of Cleaner Production

Solar photovoltaic systems installed on homes and commercial building rooftops are deemed central for a low-carbon future. As capital costs of photovoltaics continue to fall, its role towards making buildings more sustainable and environmentally-friendly will continue to grow. Capital costs…

Amro Elshurafa, Shahad Albardi, Simona Bigerna, Carlo Andrea Bollino

2018
The impact of economic growth on CO2 emissions in Azerbaijan

The impact of economic growth on CO2 emissions in Azerbaijan

Journal of Cleaner Production

This paper investigates the relationship between the economic growth and CO2 emissions in Azerbaijan. A cointegration analysis is conducted over the period 1992–2013. For getting more robust results, Johansen, ARDLBT, DOLS, FMOLS and CCR methods are employed to explore cointegration…

Jeyhun Mikayilov, Marzio Galeotti, Fakhri Hasanov

2018
The Future of Transportation Energy Demand for Freight in Fast-Growing Economies
Future of Transport and Fuel Demand

The Future of Transportation Energy Demand for Freight in Fast-Growing Economies

Over the last decade, India and China have become leading consumers of energy, especially oil, with freight transportation accounting for a large portion. The growth in total transport energy use is directly correlated with the fast-paced urbanization and industrialization of…

June 1, 2018