KEMGEv2: A General Equilibrium Model for Least-Cost Net Zero Emission Pathways in Saudi Arabia

Olivier Durand-Lasserve
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Olivier Durand-Lasserve: King Abdullah Petroleum Studies and Research Center

Methodology Papers from King Abdullah Petroleum Studies and Research Center

Abstract: This paper describes a novel, dynamic, forward-looking applied general equilibrium model of Saudi Arabia that represents interactions between the energy sectors and the rest of the economy. This model serves to produce long-term scenarios that describe possible energy transition trajectories in terms of policies, emissions, and economic impacts. This model covers all the sources of greenhouse gas emissions and features several emission reduction technologies and a representation of hydrogen supply and demand. We explain the overall structure of the model and how the different energy demand technologies are represented. We also describe the linkages with the rest of the world through trade in energy commodities.

Keywords: Belt and Road; Capital expenditure; Circular Carbon Economy (CCE); CO2 emissions (search for similar items in EconPapers)
Pages: 44 pages
Date: 2024-07-01
New Economics Papers: this item is included in nep-ara and nep-ene
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https://www.kapsarc.org/research/publications/kemg ... ays-in-saudi-arabia/ First version, 2024 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:prc:mpaper:ks--2024-mp04

DOI: 10.30573/KS--2024-MP04

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