• Focus Area Models, Data and Tools Models, Data and Tools
  • Type Discussion paper
  • Date 5 March 2023
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Abstract

Evaluating the potential outcomes of energy price reforms is essential for policymakers to assess their effectiveness. In 2016 and 2018, the Saudi government enacted two waves of energy price reforms to curb historically fast-growing electricity demand. We quantify the effects of these measures on regional fuel consumption and carbon emissions.

 

Authors

Abdulelah Darandary

Research Lead Abdulelah is a research lead at KAPSARC and an economist with expertise in various fields, including macroeconomics, energy, international trade… Abdulelah is a research lead at KAPSARC and an economist with expertise in various fields, including macroeconomics, energy, international trade and investment flows, financial development and public policy. He is currently leading the application of a behavioral economics project for energy policymaking in Saudi Arabia, utilizing econometric modeling and counterfactual analysis. Abdulelah's publications have been featured in several peer-reviewed journals. In 2020, during the Saudi G20 presidency, he was a member, co-author, and task force coordinator for the Trade, Investment, and Growth Taskforce for Think20 (T20), an official Engagement Group of the G20. Before joining KAPSARC, Abdulelah worked as an economic consultant, providing policy analyses, modeling, and forecasting the impacts of public spending on social and economic indicators. Abdulelah obtained a master's degree in applied economics and a bachelor's degree with honors in banking and financial economics. He received the King Abdullah scholarship and is a member of the Saudi Economic Association and the Saudi Association for Energy Economics.

Expertise

  • Macroeconomics
  • Economic Growth
  • International Trade and Investment
  • Financial Development
  • Energy Demand and Public Policy
  • Econometrics
  • Energy Transition and its impact on the global economy

Publications See all Abdulelah Darandary’s publications

Jeyhun Mikayilov

Research Fellow Jeyhun is a research fellow at KAPSARC. He received his B.A. and M.S. from Azerbaijan State University (now Baku State… Jeyhun is a research fellow at KAPSARC. He received his B.A. and M.S. from Azerbaijan State University (now Baku State University) in mathematics. Jeyhun holds a Ph.D. in applied mathematics and a D.S. in econometrics. Before joining KAPSARC in September 2017, Jeyhun was an associate professor at the Department of Statistics and Econometrics at Azerbaijan State University, and the Department of Economics at Qafqaz University, where he taught econometrics, statistics, and mathematical economics. His other roles have included director of the Research Institute for Social Sciences and Humanities, and head of the Center for Socio-Economic Research. Jeyhun was a postdoctoral researcher at Indiana University Bloomington, United States (U.S.). He has also been a visiting researcher at several institutions, including the Center for Econometric Research, Sungyunkwan University in Seoul, South Korea; Vistula University, Warsaw, Poland; the University of North Texas, and the University of South Texas, both in the U.S. Jeyhun’s research is focused on applied time series econometrics, the economics of energy, the environment and sustainable development. He has authored over 40 scientific articles published in peer-reviewed journals and is an editorial board member of the International Journal of Advanced Multidisciplinary Research and Review, the Journal of Management, Economics and Industrial Organization, and the Journal of Socio-Economic Studies, and a member of the International Association for Energy Economics.

Expertise

  • Applied Time Series Econometrics
  • The Economics of Energy and Environment
  • Sustainable Development

Publications See all Jeyhun Mikayilov’s publications

Salaheddine Soummane

Salaheddine Soummane

Senior Associate Salaheddine was a senior associate in Consulting. His current work scopes include energy market restructuring, modeling, and regulation. Before joining…

Salaheddine was a senior associate in Consulting. His current work scopes include energy market restructuring, modeling, and regulation.

Before joining KAPSARC, Salaheddine worked as a research associate at the Centre for International Research on Environment and Development (CIRED), a National Centre for Scientific Research lab in Paris, as part of the integrated economy–energy modeling team. He also worked as an economist in the energy markets and environmental regulation unit of the utility group Électricité de France (Paris).

Salaheddine holds a Ph.D. in Economics from Paris-Saclay University (France). His doctoral dissertation assessed potential economic and energy transition pathways for Saudi Arabia. He also holds an M.Sc. in Energy Economics and Law from the University of Montpellier (France), and an M.Sc. in Finance from the Aix-Marseille School of Economics (France).

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