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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

Acting Head of Research Strategy Management Office Imtenan Al-Mubarak is the acting head of KAPSARC’s Research Strategy Management Office. She was previously a research fellow at KAPSARC,… Imtenan Al-Mubarak is the acting head of KAPSARC’s Research Strategy Management Office. She was previously a research fellow at KAPSARC, focusing on policy research with an emphasis on data science and machine learning. Before joining KAPSARC, Imtenan worked at several companies in Chicago, and at Electronia in Dammam and Saudi Aramco in Dhahran, Saudi Arabia. She holds a master’s degree with distinction from DePaul University, Chicago, for which she was awarded the Golden Key International Honor. She is a certified Project Management Professional (PMP) and a member of several professional organizations. She is a Future Energy Leader at the World Energy Council in London and a board member at a non-profit organization in San Francisco. She also holds a patent in the United States (issued November 8, 2016).

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 and Acting Program Director for Climate and Environment.… Dr. Brian Efird is the Program Director for Policy and Decision Science and Acting Program Director for Climate and Environment. He manages a multidisciplinary, multi-national team of researchers who work on quantitative models of collective decision-making processes (CDMP), geospatial information system applications for energy economics and energy policy, demography and energy, and energy policy studies of countries in the Gulf Cooperation Council (GCC) region. Dr. Efird is editor-in-chief of the Springer Scientific journal, 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 Associate Saleh is a Research Associate in the Policy and Decision Science program. His interests lie in geopolitical research, international agreements… Saleh is a Research Associate 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

  • Geopolitical Research
  • International Agreements and 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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