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

Author

Listed:
  • Marie Petitet
  • Amro Elshurafa
  • Frank Felder

    (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.

Suggested Citation

  • Marie Petitet & Amro Elshurafa & Frank Felder, 2023. "How Can the European Energy Crisis Reshape the Power Sector Reform Endeavors of GCC Countries?," Discussion Papers ks--2023-dp24, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:dpaper:ks--2023-dp24
    DOI: 10.30573/KS--2023-DP24
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    File URL: https://www.kapsarc.org/research/publications/how-can-the-european-energy-crisis-reshape-the-power-sector-reform-endeavors-of-gcc-countries/
    File Function: First version, 2023
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    Keywords

    Climate change; Carbon Market; Clean technology; Alternative fuels;
    All these keywords.

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