Projecting Global Oil Demand for the Buildings Sector

  • Focus Area Future of Global Oil Markets Future of Global Oil Markets
  • Type Methodology paper
  • Date 06 May 2024
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Abstract

As one of the largest consumers of energy resources, the building sector plays a key role in the evolution of the global energy landscape. Buildings account for approximately one-third of the world’s final energy consumption. This methodology paper aims to provide a projection of oil demand in the building sector. The adopted modeling framework disaggregates the oil demand outlook by four fuel types and eight regions, which, in aggregate, add up to establish the global long-term oil demand outlook for the building sector up to 2050.

Authors

Fateh Belaïd

Fateh Belaïd

Principal Fellow- Climate and Sustainability Fateh was a full professor of economics at Lille Catholic University and director of the Smart & Sustainable Cities research…

Fateh was a full professor of economics at Lille Catholic University and director of the Smart & Sustainable Cities research unit. Fateh has also held various positions at the French Scientific and Technical Center for Building and led multiple collaborative projects for the French Ministry of Ecological Transition and the European Commission. He is an energy and environmental economist drawing from the fields of applied microeconomics, energy modeling, and econometrics.

He has published widely on household energy consumption, energy-saving behaviors, individual preference and investment in energy efficiency, energy poverty, renewables, and energy policy. He received a habilitation for supervising doctoral research from Orléans University, a Ph.D. in Economics, an M.S. in Applied Economics & Decision Theory from Littoral University, and an engineering degree in statistics.

His work has been published in journals including Ecological Economics, The Energy Journal, Energy Economics, Economic Surveys, Energy Policy, and Environmental Management

Expertise

  • Energy and Environmental Economics; Energy Efficiency; Energy Demand; Fuel Poverty; Energy Policy; Energy Saving Behaviors; Applied Econometrics; Smart and Sustainable Cities.

Publications See all Fateh Belaïd’s publications

Mohammad Aldubyan

Mohammad Aldubyan

Fellow- Climate and Sustainability Mohammad is a fellow in KAPSARC’s Climate & Sustainability program. His research focuses on energy efficiency in buildings, energy demand,…

Mohammad is a fellow in KAPSARC’s Climate & Sustainability program. His research focuses on energy efficiency in buildings, energy demand, and energy modeling. He is currently leading the Residential Energy Model (REEM), which simulates residential energy demand and estimates the impact of energy efficiency programs on Saudi Arabia’s housing sector.

Mohammad holds an M.Sc. in Renewable and Clean Energy from the University of Dayton, Ohio, and an M.Sc. in Economics from Purdue University, West Lafayette.

Expertise

  • Energy Efficiency
  • Energy Demand
  • Modeling

Publications See all Mohammad Aldubyan’s publications

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