Primary Program
About
Raed Al-Mestneer is a Fellow in the Oil and Gas team at KAPSARC and an economist specializing in industrial development, economic diversification, and econometric modeling. Dr. Raed is serving in South Africa G20 presidency as the (lead) co-chair of the T20 Task Force on Accelerating Climate Action and the Just Energy Transition. He has worked extensively with econometric modeling techniques, particularly in oil prices and oil demand. Before joining KAPSARC, he worked at Standard & Poor’s and Capital IQ in New York, where he designed the first probability of default model tailored to the Saudi economy. He holds a Ph.D. in economics from Southern Illinois University and contributes to KAPSARC’s long-term sectoral oil demand forecasts and economic diversification projects.
Education
2014-08-15 - 2018-05-12
Southern Illinois University
PhD - Economics
2007-09-15 - 2010-06-13
California State Polytechnic University Pomona
Master - Economics, Financial Economics
2003-12-01
King Saud University
Bachelor - Business Administration
Publications
02 December 2024
Introduction of Electric Vehicles in Saudi Arabia: Impacts on Oil Consumption, CO2 Emissions, and Electricity Demandemissions associated with the road transport sector by 2050. On the basis of the projected number of ICE vehicles, we design three scenarios for developing electric vehicles (EVs) (high-, moderate-, and low-growth scenarios) to determine the impact...2emissions, and electricity demand.
