Abstract

In this study, we project the number of internal combustion engine (ICE) vehicles in Saudi Arabia up to 2050. The projected number of vehicles is then used to project the oil demand and CO2 emissions 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 of the expansion of EVs on future oil demand, CO2emissions, and electricity demand.

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Javid, Muhammad
Energy Macro- & Microeconomics
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Al-Mestneer, Raed
Oil & Gas
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