Between 1986 and 2016, industrial energy consumption in Saudi Arabia increased by tenfold, making it one of the largest end-use sectors in the Kingdom. Despite its importance, there appear to be no published econometric studies on aggregate industrial energy demand in Saudi Arabia. We model aggregate industrial energy demand in Saudi Arabia using Harvey’s (1989) Structural Time Series Model, showing that it is both price and income inelastic, with estimated long-run elasticities of -0.34 and 0.60, respectively. The estimated underlying energy demand trend suggests improvements in energy efficiency starting from 2010.
Fellow II Anwar is an energy and environmental economist with an engineering background and over a decade of research and advisory experience… Anwar is an energy and environmental economist with an engineering background and over a decade of research and advisory experience around the areas of energy demand, greenhouse gas emissions, energy price reform, and carbon pricing. He currently leads multiple cross-functional teams on key projects tackling these areas, with a proven track record of publishing high-impact papers, providing consulting services to policymakers, and building the capabilities of talent within the organization. Anwar’s research has been published in leading energy and environmental journals and has been picked up by leading news media. Anwar also has experience transforming organizations, having been a member of task forces responsible for refreshing organizational strategy and building human capital. Anwar is currently wrapping up a Ph.D. from UCL in Sustainable Resources (sub-specialization in Economics). He holds an M.Sc. from KAUST in Electrical Engineering and a B.Eng. from the University of Liverpool in Electronics and Communication Engineering.
- Energy price reform; Energy demand; Measuring GHG emissions; Carbon pricing; Carbon markets
Publications See all Anwar Gasim’s publications
Methane Emissions Baseline Forecasts for Saudi Arabia Using the Structural Time Series Model and Autometrics
Between 1986 and 2016, industrial energy consumption in Saudi Arabia increased by tenfold, making it…14th September 2023
Between 1986 and 2016, industrial energy consumption in Saudi Arabia increased by tenfold, making it…5th September 2023