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Abstract

Saudi Arabia plans to reform and privatize its power generation sector as part of the Kingdom’s Vision 2030. To provide analytical insights, we developed a model that simulates the restructuring of the electricity market, along with reforming fuel prices to an energy equivalent of $3/MMBtu.

Authors

Bertrand Rioux

Senior Research Associate Bertrand is a senior research associate focusing on the impact of market regulation and liberalization in energy markets. An experienced energy… Bertrand is a senior research associate focusing on the impact of market regulation and liberalization in energy markets. An experienced energy systems model developer (linear optimization and mixed complementary problems), he is working on developing the KAPSARC Energy Model (KEM) as a decision support tool for analyzing price regulation in energy economies. Bertrand has contributed to the development of KEM Saudi Arabia and is the lead developer of KEM China, studying the impact of government regulation in the coal, power and natural gas markets. He was previously employed as a research assistant at the Canadian Space Agency.

Expertise

  • Modeling power systems
  • Electricity markets
  • Renewable energy
  • Game theory
  • Complex problem solving and climate change

Publications See all Bertrand Rioux’s publications

Axel Pierru

Program Director Axel is the director of KAPSARC’s Energy and Macroeconomics program. From October 2018 to March 2019, he was KAPSARC’s interim… Axel is the director of KAPSARC's Energy and Macroeconomics program. From October 2018 to March 2019, he was KAPSARC's interim vice president of research. Axel joined KAPSARC in 2011, after spending 15 years at IFP Energies Nouvelles in France, where he led research, consulting and training projects. Axel received his Ph.D. in economics from the Pantheon-Sorbonne University in Paris. He undertakes applied research that combines methodological innovation with practical relevance for policymaking. His research is focused on energy economics, policy, finance, oil pricing, and energy-exporting economies. Axel has been published extensively, with over 40 peer-reviewed journal papers to his name.

Expertise

  • Energy modelling
  • Energy economics
  • Energy policy
  • Oil pricing and finance

Publications See all Axel Pierru’s publications

Nader AlKathiri

Research Fellow Nader is a research fellow at KAPSARC. His research interests include development economics, economic modeling, and natural resource economics. He leads… Nader is a research fellow at KAPSARC. His research interests include development economics, economic modeling, and natural resource economics. He leads a project exploring the role of sovereign wealth funds in promoting economic diversification in oil-dependent economies. Nader holds a B.Sc. in operations research, an M.Sc. in applied mathematics and computational science, and an MBA in finance.

Expertise

  • Sovereign wealth funds; natural resource economics; economic modeling

Publications See all Nader AlKathiri’s publications

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