Frank is an engineer, energy policy analyst, and a visiting researcher at KAPSARC. Prior to joining KAPSARC, Frank was a Research Professor at the School of Planning and Public Policy at Rutgers University, Director of the Rutgers Energy Institute, and Director of the Center for Energy, Economics and Environmental Policy. In those roles, he conducted original and applied research in the areas of electric power system modeling, clean energy policies, and climate change for academic foundations, government agencies, and energy utilities. He has also worked as an economic consultant and nuclear engineer.
Energy prices in Europe have been soaring, and policymakers are trying to find solutions to immediately contain the energy prices for end-consumers and to enhance the market design in the longer term. This paper discusses some of the current events that are facing the power sector in Europe and some challenges that may face the industry more generally in the future. Then, we propose policy recommendations in the context of Gulf Cooperation Council (GCC) countries by contrasting the power sector design in place in this region with that in the European region.24th October 2023