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Projecting Global Oil Demand for the Buildings Sector

Author

Listed:
  • Fateh Belaïd
  • Mohammad Aldubyan

    (King Abdullah Petroleum Studies and Research Center)

Abstract

As one of the largest consumers of energy resources, the building sector plays a key role in the evolution of the global energy landscape. Buildings account for approximately one-third of the world’s final energy consumption. This methodology paper aims to provide a projection of oil demand in the building sector. The adopted modeling framework disaggregates the oil demand outlook by four fuel types and eight regions, which, in aggregate, add up to establish the global long-term oil demand outlook for the building sector up to 2050.

Suggested Citation

  • Fateh Belaïd & Mohammad Aldubyan, 2024. "Projecting Global Oil Demand for the Buildings Sector," Methodology Papers ks--2024-mp03, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:mpaper:ks--2024-mp03
    DOI: 10.30573/KS--2024-MP03
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    Keywords

    Agreement; Allocations; Alternative fuels; Balance;
    All these keywords.

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