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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 whose primary research interests include but are not limited to applied time series econometrics, the… Jeyhun is a research fellow whose primary research interests include but are not limited to applied time series econometrics, the economics of energy and environment,  and sustainable development. Previously, he was an associate professor at the Department of Statistics and Econometrics of Azerbaijan State University of Economics (UNEC). Also, at Qafqaz University, Azerbaijan, he served as associate professor in the Department of Economics, as the head of the Center for Socio-Economic Research, and as director of the Institute for Social Sciences and Humanities. Jeyhun has carried out a post-doctorate study at Indiana University Bloomington, USA. He has also been a visiting researcher at a number of institutions including the Center for Econometric Research, Sungyunkwan University in Seoul, South Korea; Vistula University, Warsaw, Poland; University of North Texas, USA; and University of South Texas, USA.

Expertise

  • Energy economics
  • Environmental economics
  • Sustainable development

Publications See all Jeyhun Mikayilov’s publications

Abdulelah Darandary

Senior Research Analyst Abdulelah is an Economist and researcher at KAPSARC. He primarily works on the KAPSARC Global Energy Macroeconometric Model (KGEMM) project.… Abdulelah is an Economist and researcher at KAPSARC. He primarily works on the KAPSARC Global Energy Macroeconometric Model (KGEMM) project. In parallel, he is developing an application of the Input-Output Model for Saudi Arabia. Currently, he is the Task Force coordinator of Investment, Trade, and Growth for the T20. Previously, an economic consultant, he provided policy analyses, modeling, and forecasting for the impacts of public spending on social and economic indicators. 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 flows
  • Financial market 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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