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Efficient Industrial Energy Use: The First Step in Transitioning Saudi Arabia’s Energy Mix

Walid Matar (), Axel Pierru (), Frederic Murphy, David Wogan and Bertrand Rioux

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: External observers worry about whether Saudi domestic consumption of oil will crowd out exports. This is based on simple extrapolations which suggest that in a little more than 20 years Saudi Arabia may become a net importer of hydrocarbon fuels. However, our research does not support this. Based on the “baseline scenario” macroeconomic assumptions in Oxford Economics’ global economic and industry models, we project Saudi Arabia’s energy balances until 2032 using the KAPSARC Energy Model (KEM).

Keywords: Domestic Oil Consumption; Energy Efficiency; Energy Mix; Energy Transition; Fuel Price Reform; KAPSARC Energy Model (KEM); Nuclear Energy; Renewable Energy; Technology Investment (search for similar items in EconPapers)
Pages: 32
Date: 2015-06-07
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Journal Article: Efficient industrial energy use: The first step in transitioning Saudi Arabia's energy mix (2017) Downloads
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