• Focus Area -
  • Type Instant Insight
  • Date 15 December 2019
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Abstract

The government of Saudi Arabia has successfully reduced the country’s energy intensity, helped by its establishment of the Saudi Energy Efficiency Center (SEEC) and a series of energy price reforms (EPR) that began in 2016. However, how households have responded to the EPR is an important matter that warrants serious consideration.

Authors

Ryan Alyamani

Fellow- Energy Macro & Macroeconomics Ryan is a fellow in the Energy Macro and Macroeconomics program with a particular interest in natural resource economics and…

Ryan is a fellow in the Energy Macro 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

Abdulelah Darandary

Fellow- Energy Macro & Microeconomics Abdulelah is an Economist and Research Fellow at KAPSARC with expertise in various fields, including macroeconomics, energy, international trade and…

Abdulelah is an Economist and Research Fellow at KAPSARC with expertise in various fields, including macroeconomics, energy, international trade and investment flows, financial development, and public policy. He currently leads the project, “Applying Behavioral Economics Methods to Energy Policymaking in Saudi Arabia," which led to the first randomized controlled trial for electricity consumption. Additionally, he is a contributor on other projects, such as the “KAPSARC Vision 2030 Input-Output Tables”, “Economic Growth and Energy Transition Pathways”, “CGE Model for Economic Policy Analysis in Saudi Arabia”, and “Modeling Energy Consumption and its Impact in Saudi Arabia.” His work has been published in top-tier peer-reviewed journals in the field of energy economics.

As a passionate advocate for evidence-based policymaking, Abdulelah is committed to using his expertise to help shape the future of energy and economic policy in Saudi Arabia and beyond, having worked on many projects for the energy ecosystem. He is also a sought-after speaker and panelist on economic and energy policy, having participated in several high-profile events and discussions. 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), the 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. He 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. He has also been inducted into the ISPI’s Next Forum of Future Leaders.

Expertise

  • Macroeconomics
  • Energy Economics
  • 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

Principal Fellow- Energy Macro & Microeconomics Jeyhun is a principal  fellow at KAPSARC. He received his B.A. and M.S. from Azerbaijan State University (now Baku State…

Jeyhun is a principal  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

Fakhri Hasanov

Senior Principal- Energy Macro & Microeconomics Fakhri Hasanov is a senior principal and leads the KAPSARC Global Energy Macroeconometric Model projects with 20+ years of experience…

Fakhri Hasanov is a senior principal and leads the KAPSARC Global Energy Macroeconometric Model projects with 20+ years of experience in econometric modeling and forecasting. Since 2015, he has been involved in multistakeholder projects, leading and executing macroeconomic analysis of various policy choices and initiatives (e.g., energy prices, energy demand, and fiscal reforms) for the Kingdom’s economy. He has extensive experience working with policymakers. Prior to KAPSARC, he was a post-doc at George Washington University.

His research mainly covers macro-econometric modeling for energy and environmental economics policy analyses. Dr. Hasanov has authored 50+ applied studies published in reputable journals such as Energy Policy, Energy Economics, Empirical Economics, and Energy Strategy Review. His research is recognized internationally (e.g., he is listed among the top 2% of scientists globally by Elsevier). Fakhri is an editorial board member of various peer-reviewed journals, such as Frontiers in Environmental Science. He holds a Ph.D. in econometrics.

Expertise

  • Econometric modeling and forecasting
  • Time series and panel data econometrics
  • Macroeconometric models for policy analyses
  • Energy economics
  • Environmental economics.

Publications See all Fakhri Hasanov’s publications

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