How Can the European Energy Crisis Reshape the Power Sector Reform Endeavors of GCC Countries?

Marie Petitet, Amro Elshurafa 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: 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.

Keywords: Climate change; Carbon Market; Clean technology; Alternative fuels (search for similar items in EconPapers)
Pages: 31
Date: 2023-10-24
New Economics Papers: this item is included in nep-ara, nep-des, nep-ene and nep-env
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https://www.kapsarc.org/research/publications/how- ... rs-of-gcc-countries/ First version, 2023

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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2023-dp24

DOI: 10.30573/KS--2023-DP24

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