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Abstract

Aggregate residential electricity consumption in Saudi Arabia has increased rapidly over the past several decades, largely due to population increases and fast economic growth (SAMA 2019). The growth in electricity consumption has been driven, among other factors, by government-administered prices fixed in nominal terms for years with minor adjustments.

Authors

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

Abdulelah Darandary

Senior Research Analyst Abdulelah is an economist and researcher in KAPSARC’s Energy and Macroeconomics program. He primarily works with the KAPSARC Global Energy… Abdulelah is an economist and researcher in KAPSARC’s Energy and Macroeconomics program. He primarily works with the KAPSARC Global Energy Macroeconometric Model (KGEMM) team and has published research papers in peer-reviewed journals. Previously, Abdulelah was an economic analyst for a major consultancy firm, where he conducted policy analyses and modeling, and forecast the impacts of public spending on social and economic indicators. Abdulelah was also the coordinator and a member of the Think20’s (T20’s) Trade, Investment, and Growth Task Force, where he co-authored several policy briefs. Abdulelah holds a master’s degree in Applied Economics and a Bachelor of Banking and Financial Economics from the University of North Dakota.

Expertise

  • Macroeconomics
  • Economic Growth
  • International Trade and Investment
  • Financial Development
  • Energy Demand
  • Public Policy

Publications See all Abdulelah Darandary’s publications

Ryan Alyamani

Senior Research Analyst Ryan is a senior research analyst in the Energy and Macroeconomics program with a particular interest in natural resource economics… Ryan is a senior research analyst in the Energy and Macroeconomics program with a particular interest in natural resource economics and developing energy and economic models. Ryan holds a B.S. degree in Mechanical Engineering from Mercer University.

Expertise

  • Energy Economics
  • Natural resource economics
  • Energy and Economic Modeling

Publications See all Ryan Alyamani’s publications

Fakhri Hasanov

Research Fellow Fakhri is a research fellow leading the KAPSARC Global Energy Macroeconometric Model (KGEMM) project. Previously, he was an associate professor… Fakhri is a research fellow leading the KAPSARC Global Energy Macroeconometric Model (KGEMM) project. Previously, he was an associate professor and director of the Center for Socio-Economic Research at Qafqaz University, Azerbaijan. He has served as a deputy director of the Research Institute at the Ministry of Economic Development, and a senior economist at the Research Department of the Central Bank of Azerbaijan Republic. He received a Fulbright Post-Doctoral Scholarship and conducted a research on building and applying a macroeconometric model for policy analysis at the George Washington University. Fakhri is a member of the research program on forecasting at the George Washington University and the editorial board of the Asian Journal of Business and Management Sciences. His research interests and experience span econometric modeling and forecasting, building and applying macroeconometric models for policy purposes, energy economics with a particular focus on natural resource-rich countries.

Expertise

  • Applied macroeconometrics
  • Energy economics
  • Time series modeling and forecasting

Publications See all Fakhri Hasanov’s publications

Hatem Al Atawi

Senior Research Analyst Hatem is senior research analyst at KAPSARC. He holds a master’s degree in power system economics, with a focus on… Hatem is senior research analyst at KAPSARC. He holds a master’s degree in power system economics, with a focus on electricity markets, from the KTH Royal Institute of Technology, Sweden. He also holds a bachelor’s degree in electrical engineering from the University of Idaho. Before joining KAPSARC, Hatem worked within various industries. He interned at ABB Västerås in Sweden, where he worked on electric vehicle asset management under the Swedish transport administration's electric road systems project. Hatem also worked at Schweitzer Engineering Laboratories in Washington state, where he modeled speed governors and prime movers for hydro and gas turbines.

Expertise

  • Electricity Markets
  • Renewable Energy Policy
  • Power Systems Modeling

Publications See all Hatem Al Atawi’s publications

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