How Can Energy Storage Catalyze the Electricity Policies of Gulf Cooperation Council Members? Issues and Options
Rolando Fuentes,
Shahid Hasan and
Frank Felder
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Frank Felder: King Abdullah Petroleum Studies and Research Center
Discussion Papers from King Abdullah Petroleum Studies and Research Center
Abstract:
Saudi Arabia and other Gulf Cooperation Council (GCC) members are working in parallel to reform their electricity markets and achieve ambitious renewable energy deployment goals. The motivation for this agenda is multifaceted, and increasing economic efficiency is one of several reasons for these efforts. By introducing markets in the power sector (i.e., liberalizing this sector), these countries aim to reduce the sector’s reliance on the public budget.
Keywords: Battery storage; Electricity; Electricity markets; Energy transitions (search for similar items in EconPapers)
Pages: 19
Date: 2021-09-27
New Economics Papers: this item is included in nep-ara and nep-ene
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https://www.kapsarc.org/research/publications/how- ... -issues-and-options/ First version, 2021
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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2021-dp15
DOI: 10.30573/KS--2021-DP15
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