Skip to main content
Energy Economics

Shaping the future of energy

Agile, timely, and anticipative, KAPSARC’s energy economics and sustainability research programs are finding solutions to support domestic and global energy transitions.

As the world steps up efforts to meet net-zero transition targets, we face a continually evolving set of domestic and international policy questions. This is reflected by the diversity of topics covered in this magazine, and each reader should find various pieces falling in their own area of interest. KAPSARC’s recent research achievements in energy economics and sustainability showcase how our findings and insights can inform global policymakers and support a just and orderly transition.

Energy policy questions are not the only elements in flux. The accelerated development of artificial intelligence is increasingly turning knowledge into a commodity, presenting us with urgent questions surrounding accessibility and ethical use. This technological revolution will profoundly impact the way experts can maximize the value they add to global and domestic policy debates.  More than ever, the ability to identify relevant policy questions and address them analytically by transforming data into innovative insights will be critical to our success. This aligns particularly well with KAPSARC’s long-standing efforts to build a suite of models that cover a broad set of global and domestic policy issues.  

Expanding modelling capabilities

We will continue to strengthen our modelling and analytical capabilities. For instance, we plan to build new models to better understand the impact that changes to domestic energy transportation have on energy consumption, and the effects of climate-related trade policies on energy markets. We will also start to use our new global energy model to produce long-term scenarios reflecting alternative perspectives and assumptions.

Embracing innovation

We will continue to augment our research capabilities by incorporating cutting-edge technologies alongside traditional methods. Our recent partnership with leading  satellite data company Kayrros has expanded our environmental intelligence capabilities, including satellite-based approaches for greenhouse gas measurements and climate action. In a unique collaborative study, KAPSARC and Kayrros published the first measurements of elusive methane emissions in Saudi Arabia from 2019 to 2023, using satellite technology. We have now extended this work beyond Saudi Arabia to include other Gulf countries.

Harnessing artificial intelligence 

If used in the right way, AI offers us the opportunity to address new questions and advance our potential to solve complex problems. Harnessing the power of AI to enhance KAPSARC’s analytical and research work, we have established a dedicated working group, hosted workshops, and tested new tools to enhance our research efforts. These tools include AI-powered solutions that improve efficiency at various stages in the research process.

As we navigate the complex landscape of energy transition, KAPSARC remains committed to providing evidence-based insights and innovative solutions. 

—Axel Pierru, Vice President of Knowledge and Analysis at KAPSARC 

More reads