“A country’s national income is defined as the total market value of its output. The most used measure for national income is gross domestic product (GDP). One way to estimate GDP for a country is to sum its government consumption, private consumption, investment, and exports minus its imports. The components of GDP are deflated using a base year to control for inflation (or deflation) over time. While this adjustment effectively controls for changing prices, it may not properly reflect the purchasing power availed or taken away by volatile oil prices for oil-dependent economies.”
Fellow IIAnwar 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
Research FellowWalid 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.
Energy Systems Modeling
Energy Efficiency and the Interdisciplinary Connection Between Energy Economics and Engineering