The advent of American shale oil and its prospects for continued production growth have raised concerns about whether oil refineries can handle the increasingly lighter crude oil supply. To provide a perspective on this issue, we run a global oil refining model for the years from 2017 to 2030. The model’s objective is to maximize refining industry profits in eight global regions, taking into account around 100 grades of crude oil.
Research Fellow Walid works on developing energy system models. He developed the following components of the KAPSARC Energy Model (KEM): electric power… Walid works on developing energy system models. He developed the following components of the KAPSARC Energy Model (KEM): electric power generation, electricity transmission, oil refining, petrochemicals and fertilizers, and cement production. He is currently working on a bottom-up residential electricity use framework that merges microeconomics with the physical laws governing electricity use.
Expertise
- Modeling energy systems
- Electricity Prices
- Energy Efficiency and The Interdisciplinary Connection Between Energy Economics and Engineering
Publications See all Walid Matar’s publications
Revisiting Energy Subsidy Calculations: A Focus on Saudi Arabia
The advent of American shale oil and its prospects for continued production growth have raised…
7th April 2022How Would Real-time Electricity Pricing Affect the Saudi Power Sector in the Long-run?
The advent of American shale oil and its prospects for continued production growth have raised…
20th May 2021
