Inexpensive Renewable Electricity Enables Saudi Arabia’s Fuel Price Reforms

Saudi Arabia is currently implementing fuel price reforms. The reforms are being executed in phases, where the ultimate goal is to have fuel prices approach their market equivalent values. Using the KAPSARC Energy Model, this analysis shows that such reforms would have been more costly for Saudi Arabia without the availability and the cost reductions of renewable electricity technologies.

Walid Matar

Principal Fellow- Oil & Gas Walid works on modeling energy systems. He is developing or has developed the following components of the KAPSARC Energy Model…

Walid works on modeling energy systems. He is developing or has developed the following components of the KAPSARC Energy Model (KEM): electric power generation, oil refining, petrochemicals and fertilizers, cement production, and iron and steel. He is also working on a bottom-up residential electricity use framework that merges microeconomics with the physical laws governing electricity use.

Expertise

Energy Systems Modeling
Optimization
Electricity Prices
Energy Efficiency and the Interdisciplinary Connection Between Energy Economics and Engineering

Publications See all Walid Matar’s publications