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Projecting Saudi Sectoral Electricity Demand in 2030 Using a Computable General Equilibrium Model

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  • Salaheddine Soummane
  • Frederic Ghersi

    (King Abdullah Petroleum Studies and Research Center)

Abstract

Projecting future demand for electricity is central to power sector planning, as these projections inform capacity investment requirements and related infrastructure expansions. Electricity is not currently economically storable in large volumes. Thus, the underlying drivers of electricity demand and potential market shifts must be carefully considered to minimize power system costs.

Suggested Citation

  • Salaheddine Soummane & Frederic Ghersi, 2021. "Projecting Saudi Sectoral Electricity Demand in 2030 Using a Computable General Equilibrium Model," Discussion Papers ks--2021-dp012, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:dpaper:ks--2021-dp012
    DOI: 10.30573/KS--2021-DP012
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    References listed on IDEAS

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    1. Soummane, Salaheddine & Ghersi, Frédéric & Lefèvre, Julien, 2019. "Macroeconomic pathways of the Saudi economy: The challenge of global mitigation action versus the opportunity of national energy reforms," Energy Policy, Elsevier, vol. 130(C), pages 263-282.
    2. Cai, Yiyong & Arora, Vipin, 2015. "Disaggregating electricity generation technologies in CGE models: A revised technology bundle approach with an application to the U.S. Clean Power Plan," Applied Energy, Elsevier, vol. 154(C), pages 543-555.
    3. Fakhri Hasanov, 2019. "Theoretical Framework for Industrial Electricity Consumption Revisited," Discussion Papers ks--2019-dp66, King Abdullah Petroleum Studies and Research Center.
    4. Krarti, Moncef & Dubey, Kankana & Howarth, Nicholas, 2017. "Evaluation of building energy efficiency investment options for the Kingdom of Saudi Arabia," Energy, Elsevier, vol. 134(C), pages 595-610.
    5. Al-Faris, Abdul Razak F., 2002. "The demand for electricity in the GCC countries," Energy Policy, Elsevier, vol. 30(2), pages 117-124, January.
    6. Mohammed A. Al-Sahlawi, 1990. "Forecasting the Demand for Electricity in Saudi Arabia," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 119-126.
    7. Mikayilov, Jeyhun I. & Darandary, Abdulelah & Alyamani, Ryan & Hasanov, Fakhri J. & Alatawi, Hatem, 2020. "Regional heterogeneous drivers of electricity demand in Saudi Arabia: Modeling regional residential electricity demand," Energy Policy, Elsevier, vol. 146(C).
    8. Fahkri Hasanov & Fred Joutz & Jeyhun Mikayilov & Muhammad Javid, 2020. "KGEMM: A Macroecnometric Model for Saudi Arabia," Discussion Papers ks--2020-dp04, King Abdullah Petroleum Studies and Research Center.
    9. Soummane, Salaheddine & Ghersi, Frédéric & Lefèvre, Julien, 2019. "Macroeconomic pathways of the Saudi economy: The challenge of global mitigation action versus the opportunity of national energy reforms," Energy Policy, Elsevier, vol. 130(C), pages 263-282.
    10. De Santis, Roberto A., 2003. "Crude oil price fluctuations and Saudi Arabia's behaviour," Energy Economics, Elsevier, vol. 25(2), pages 155-173, March.
    11. Jeyhun Mikayilov & Abdulelah Darandary & Ryan Alyamani & Fakhri Hasanov & Hatem Al Atawi, 2020. "Regional Heterogeneous Drivers of Electricity Demand in Saudi Arabia," Discussion Papers ks--2020-dp18, King Abdullah Petroleum Studies and Research Center.
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    14. Jeyhun Mikayilov & Fred Joutz & Fakhri Hasanov, 2019. "Gasoline Demand in Saudi Arabia: Are the Price and Income Elasticities Constant?," Discussion Papers ks--2019-dp81, King Abdullah Petroleum Studies and Research Center.
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    Cited by:

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    2. Jawed Mustafa & Fahad Awjah Almehmadi & Saeed Alqaed & Mohsen Sharifpur, 2022. "Building a Sustainable Energy Community: Design and Integrate Variable Renewable Energy Systems for Rural Communities," Sustainability, MDPI, vol. 14(21), pages 1-21, October.
    3. Salma Hamad Almuhaini & Nahid Sultana, 2023. "Bayesian-Optimization-Based Long Short-Term Memory (LSTM) Super Learner Approach for Modeling Long-Term Electricity Consumption," Sustainability, MDPI, vol. 15(18), pages 1-23, September.

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    More about this item

    Keywords

    Electricity; Electricity demand growth; electricity markets; Energy efficiency;
    All these keywords.

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