Projecting Saudi sectoral electricity demand in 2030 using a computable general equilibrium model

نویسندگان

چکیده

Electricity demand in Saudi Arabia is undergoing unprecedented changes following the implementation of efficiency measures and energy price reforms. These raise uncertainties about potential trajectory long-term electricity demand. Thus, this study uses a computable general equilibrium model to project sectoral through 2030. We that growth total will significantly decelerate over coming decade compared with historical trends. In our reference scenario, reaches 365.4 terawatthours (TWh) by However, decomposition shows large disparities across sectors. Demand projected grow more rapidly industrial services segments than residential sector. also simulate four additional scenarios for domestic reforms policies. Successfully implementing these may result significant savings. Aligning prices average among G20 countries can reduce up 71.6 TWh Independently enforcing policies 118.7 TWh. Moreover, alternative policy suggest macroeconomic gains from savings alleviate some system's burden on public finance.

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ژورنال

عنوان ژورنال: Energy Strategy Reviews

سال: 2022

ISSN: ['2211-467X', '2211-4688']

DOI: https://doi.org/10.1016/j.esr.2021.100787