Achieving 80% greenhouse gas reduction target in Saudi Arabia under low and medium oil prices

Handle URI:
http://hdl.handle.net/10754/622169
Title:
Achieving 80% greenhouse gas reduction target in Saudi Arabia under low and medium oil prices
Authors:
Alshammari, Yousef Mohammad ( 0000-0002-5505-4167 ) ; Sarathy, Mani ( 0000-0002-3975-6206 )
Abstract:
COP 21 led to a global agreement to limit the earth's rising temperature to less than 2 °C. This will require countries to act upon climate change and achieve a significant reduction in their greenhouse gas emissions which will play a pivotal role in shaping future energy systems. Saudi Arabia is the World's largest exporter of crude oil, and the 11th largest CO2 emitter. Understanding the Kingdom's role in global greenhouse gas reduction is critical in shaping the future of fossil fuels. Hence, this work presents an optimisation study to understand how Saudi Arabia can meet the CO2 reduction targets to achieve the 80% reduction in the power generation sector. It is found that the implementation of energy efficiency measures is necessary to enable meeting the 80% target, and it would also lower costs of transition to low carbon energy system while maintaining cleaner use of hydrocarbons with CCS. Setting very deep GHG reduction targets may be economically uncompetitive in consideration of the energy supply requirements. In addition, we determine the breakeven price of crude oil needed to make CCS economically viable. Results show important dimension for pricing CO2 and the role of CCS compared with alternative sources of energy.
KAUST Department:
Clean Combustion Research Center
Citation:
Alshammari YM, Sarathy SM (2017) Achieving 80% greenhouse gas reduction target in Saudi Arabia under low and medium oil prices. Energy Policy 101: 502–511. Available: http://dx.doi.org/10.1016/j.enpol.2016.10.027.
Publisher:
Elsevier BV
Journal:
Energy Policy
Issue Date:
10-Nov-2016
DOI:
10.1016/j.enpol.2016.10.027
Type:
Article
ISSN:
0301-4215
Sponsors:
Research reported in this publication was supported by competitive research funding from King Abdullah University of Science and Technology (KAUST). The author expresses thanks to the IAEA for training and provision of the MESSAGE energy model. Also, the author thanks the University of Vienna and King Faisal Centre for Research and Islamic Studies for their support during the revision and update of the manuscript.
Additional Links:
http://www.sciencedirect.com/science/article/pii/S0301421516305717
Appears in Collections:
Articles; Clean Combustion Research Center

Full metadata record

DC FieldValue Language
dc.contributor.authorAlshammari, Yousef Mohammaden
dc.contributor.authorSarathy, Manien
dc.date.accessioned2017-01-02T08:42:35Z-
dc.date.available2017-01-02T08:42:35Z-
dc.date.issued2016-11-10en
dc.identifier.citationAlshammari YM, Sarathy SM (2017) Achieving 80% greenhouse gas reduction target in Saudi Arabia under low and medium oil prices. Energy Policy 101: 502–511. Available: http://dx.doi.org/10.1016/j.enpol.2016.10.027.en
dc.identifier.issn0301-4215en
dc.identifier.doi10.1016/j.enpol.2016.10.027en
dc.identifier.urihttp://hdl.handle.net/10754/622169-
dc.description.abstractCOP 21 led to a global agreement to limit the earth's rising temperature to less than 2 °C. This will require countries to act upon climate change and achieve a significant reduction in their greenhouse gas emissions which will play a pivotal role in shaping future energy systems. Saudi Arabia is the World's largest exporter of crude oil, and the 11th largest CO2 emitter. Understanding the Kingdom's role in global greenhouse gas reduction is critical in shaping the future of fossil fuels. Hence, this work presents an optimisation study to understand how Saudi Arabia can meet the CO2 reduction targets to achieve the 80% reduction in the power generation sector. It is found that the implementation of energy efficiency measures is necessary to enable meeting the 80% target, and it would also lower costs of transition to low carbon energy system while maintaining cleaner use of hydrocarbons with CCS. Setting very deep GHG reduction targets may be economically uncompetitive in consideration of the energy supply requirements. In addition, we determine the breakeven price of crude oil needed to make CCS economically viable. Results show important dimension for pricing CO2 and the role of CCS compared with alternative sources of energy.en
dc.description.sponsorshipResearch reported in this publication was supported by competitive research funding from King Abdullah University of Science and Technology (KAUST). The author expresses thanks to the IAEA for training and provision of the MESSAGE energy model. Also, the author thanks the University of Vienna and King Faisal Centre for Research and Islamic Studies for their support during the revision and update of the manuscript.en
dc.publisherElsevier BVen
dc.relation.urlhttp://www.sciencedirect.com/science/article/pii/S0301421516305717en
dc.subjectCO2 emissionsen
dc.subjectDecarbonisation scenariosen
dc.subjectPower generationen
dc.subjectOil breakeven priceen
dc.subjectSaudi Arabiaen
dc.titleAchieving 80% greenhouse gas reduction target in Saudi Arabia under low and medium oil pricesen
dc.typeArticleen
dc.contributor.departmentClean Combustion Research Centeren
dc.identifier.journalEnergy Policyen
kaust.authorAlshammari, Yousef Mohammaden
kaust.authorSarathy, Manien
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