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Abstract

Countries in the Cooperation Council for the Arab States of the Gulf, commonly known as the Gulf Cooperation Council (GCC), established a regional power grid to support member countries’ high voltage networks in 2001 but, to date, the system has remained underutilized. The intended purpose of the grid was to provide backup electricity during emergencies caused by power system outages, especially during the summer, and to share spinning reserves, optimize capital investments in electricity and reduce fuel costs. The grid has been fully operational since 2011 and has satisfied its intended purpose. However, GCC member states have largely failed to take advantage of options associated with the grid to trade electricity. This paper uses the KAPSARC Toolkit for Behavioral Analysis platform, a model of collective decision-making processes developed at KAPSARC, to examine the political feasibility of expanding the utilization of the GCC grid to include trading electricity.

Authors

Paul Mollet

Paul Mollet

Research Fellow Paul was a research fellow in the Policy and Decision Sciences program. He is a former journalist and energy market… Paul was a research fellow in the Policy and Decision Sciences program. He is a former journalist and energy market analyst with over 25 years of experience in international energy markets. He opened the first Gulf Cooperation Council bureau for the oil price reporting agency S&P Global Platts in Dubai in 1989 and later launched the first regional office for Argus Media. Paul has attended numerous OPEC meetings and written extensively about the oil industry in publications such as Platts Oilgram News, Argus Global Markets, and the Petroleum Economist. He was also the senior advisor to the Secretary-General at the World Energy Council (WEC).    

Imtenan Al-Mubarak

Senior Research Associate Imtenan is a senior research associate in KAPSARC’s Policy and Decision Science program with years of experience in the industry… Imtenan is a senior research associate in KAPSARC’s Policy and Decision Science program with years of experience in the industry and the research. She is also leading the research strategic project management activities. Imtenan holds a Master’s degree with distinction in Software engineering and leadership from DePaul University, Chicago, USA. She is a Future Energy Leader at World Energy Council in London.

Expertise

  • Data science
  • Machine learning
  • Industry and entrepreneurship
  • Game theory
  • Bargaining models
  • Behavioral analysis
  • Policy assessment
  • Geopolitics
  • GCC energy policies and economics
  • Transition management.

Publications See all Imtenan Al-Mubarak’s publications

Brian Efird

Program Director Dr. Brian Efird is the program director for Policy and Decision Science. He manages a multidisciplinary, multi-national team of researchers… Dr. Brian Efird is the program director for Policy and Decision Science. He manages a multidisciplinary, multi-national team of researchers who work on quantitative models of collective decision-making processes (CDMP), geospatial information system applications to energy economics and energy policy, demography and energy, and energy policy studies of countries in the Gulf Cooperation Council (GCC) region. Dr. Efird is co-editor-in-chief of a new journal from Springer Scientific called Energy Transitions. He was previously a senior research fellow at the National Defense University in Washington, D.C.; a consultant on defense and international security matters in Washington; and a consultant applying quantitative models to support corporate, investment banking, and legal negotiations in New York.

Expertise

  • Behavioral modeling
  • Geopolitics
  • Defense and national security studies
  • Human geography
  • Strategic communication

Publications See all Brian Efird’s publications

Saleh Al Muhanna

Research Analyst Saleh is a senior research analyst in the Policy and Decision Science program. His interests lie in geopolitical research, international… Saleh is a senior research analyst in the Policy and Decision Science program. His interests lie in geopolitical research, international agreements and international trade. Saleh holds a master's degree in international commerce and policy from George Mason University and a B.S. degree in economics from Pennsylvania State University.

Expertise

  • Political theory
  • Geopolitics
  • International trade.

Publications See all Saleh Al Muhanna’s publications

Omar Al-Ubayli

Omar Al-Ubayli

External Author Omar is the program director of Economics and Energy Studies at the Bahrain Center for Strategic, International and Energy Studies… Omar is the program director of Economics and Energy Studies at the Bahrain Center for Strategic, International and Energy Studies (Derasat)

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29 Nov

Models of CDMP for Energy Policy and Energy Markets

This second KAPSARC Toolkit for Behavioral Analysis (KTAB) Users’ Group meeting will bring together experienced as well as new users of KTAB to discuss the modeling approach, software architecture, new directions, and real world, policy-relevant applications. The participants will include a mixture of academics, applied researchers, analysts, and government officials. We will discuss both how […]

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