Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian Gulf
<p dir="ltr">Countries in the Arabian Gulf are reliant upon hydrocarbons for revenues, exports, industries and funding services. It is largely assumed that the global energy transition will be gradual, as reflected in planning and strategy documents. However, energy breakthroughs can...
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2024
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| _version_ | 1864513539981443072 |
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| author | Logan Cochrane (7822049) |
| author2 | Dhabia Al Mohannadi (22225186) Sa'd Shannak (17191363) Yoshihide Wada (557109) Esra Al Eisa (22225189) Mohamad Hejazi (3068055) |
| author2_role | author author author author author |
| author_facet | Logan Cochrane (7822049) Dhabia Al Mohannadi (22225186) Sa'd Shannak (17191363) Yoshihide Wada (557109) Esra Al Eisa (22225189) Mohamad Hejazi (3068055) |
| author_role | author |
| dc.creator.none.fl_str_mv | Logan Cochrane (7822049) Dhabia Al Mohannadi (22225186) Sa'd Shannak (17191363) Yoshihide Wada (557109) Esra Al Eisa (22225189) Mohamad Hejazi (3068055) |
| dc.date.none.fl_str_mv | 2024-10-31T06:00:00Z |
| dc.identifier.none.fl_str_mv | 10.1002/gch2.202400151 |
| dc.relation.none.fl_str_mv | https://figshare.com/articles/journal_contribution/Future_Energy_Breakthroughs_Implications_for_the_Hydrocarbon_Economies_of_the_Arabian_Gulf/30095131 |
| dc.rights.none.fl_str_mv | CC BY 4.0 info:eu-repo/semantics/openAccess |
| dc.subject.none.fl_str_mv | Economics Applied economics Engineering Resources engineering and extractive metallurgy Energy transition Hydrocarbon dependency Arabian Gulf economies Energy breakthroughs Sustainable infrastructure Fossil fuel economics |
| dc.title.none.fl_str_mv | Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian Gulf |
| dc.type.none.fl_str_mv | Text Journal contribution info:eu-repo/semantics/publishedVersion text contribution to journal |
| description | <p dir="ltr">Countries in the Arabian Gulf are reliant upon hydrocarbons for revenues, exports, industries and funding services. It is largely assumed that the global energy transition will be gradual, as reflected in planning and strategy documents. However, energy breakthroughs can change the global energy system. This Perspective article seeks to provoke a discussion about potential energy breakthroughs, the plausibility of their rapid expansion at scale, and the implications they may have for the hydrocarbon economies in the Arabian Gulf. Based upon feasibility, scalability, and adoption potential energy breakthroughs are outlined, their probability are assessed, and potential impacts on the hydrocarbon economics of the region are evaluated. The calls to actions are concluded with aim to support the region to be better prepared to track breakthroughs, and be proactively engaged to benefit from them. These include: 1) annual regional research‐policy interface meetings, 2) tailored research and development funding that fosters regional collaboration, 3) investment into breakthrough technologies and energy transition inputs, and 4) seeking synergy in economic diversification regionally to avoid duplication and counterproductive competition.</p><h2>Other Information</h2><p dir="ltr">Published in: Global Challenges<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1002/gch2.202400151" target="_blank">https://dx.doi.org/10.1002/gch2.202400151</a></p> |
| eu_rights_str_mv | openAccess |
| id | Manara2_80e248c8e78615af2e83ad2e2be88fcd |
| identifier_str_mv | 10.1002/gch2.202400151 |
| network_acronym_str | Manara2 |
| network_name_str | Manara2 |
| oai_identifier_str | oai:figshare.com:article/30095131 |
| publishDate | 2024 |
| repository.mail.fl_str_mv | |
| repository.name.fl_str_mv | |
| repository_id_str | |
| rights_invalid_str_mv | CC BY 4.0 |
| spelling | Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian GulfLogan Cochrane (7822049)Dhabia Al Mohannadi (22225186)Sa'd Shannak (17191363)Yoshihide Wada (557109)Esra Al Eisa (22225189)Mohamad Hejazi (3068055)EconomicsApplied economicsEngineeringResources engineering and extractive metallurgyEnergy transitionHydrocarbon dependencyArabian Gulf economiesEnergy breakthroughsSustainable infrastructureFossil fuel economics<p dir="ltr">Countries in the Arabian Gulf are reliant upon hydrocarbons for revenues, exports, industries and funding services. It is largely assumed that the global energy transition will be gradual, as reflected in planning and strategy documents. However, energy breakthroughs can change the global energy system. This Perspective article seeks to provoke a discussion about potential energy breakthroughs, the plausibility of their rapid expansion at scale, and the implications they may have for the hydrocarbon economies in the Arabian Gulf. Based upon feasibility, scalability, and adoption potential energy breakthroughs are outlined, their probability are assessed, and potential impacts on the hydrocarbon economics of the region are evaluated. The calls to actions are concluded with aim to support the region to be better prepared to track breakthroughs, and be proactively engaged to benefit from them. These include: 1) annual regional research‐policy interface meetings, 2) tailored research and development funding that fosters regional collaboration, 3) investment into breakthrough technologies and energy transition inputs, and 4) seeking synergy in economic diversification regionally to avoid duplication and counterproductive competition.</p><h2>Other Information</h2><p dir="ltr">Published in: Global Challenges<br>License: <a href="http://creativecommons.org/licenses/by/4.0/" target="_blank">http://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.1002/gch2.202400151" target="_blank">https://dx.doi.org/10.1002/gch2.202400151</a></p>2024-10-31T06:00:00ZTextJournal contributioninfo:eu-repo/semantics/publishedVersiontextcontribution to journal10.1002/gch2.202400151https://figshare.com/articles/journal_contribution/Future_Energy_Breakthroughs_Implications_for_the_Hydrocarbon_Economies_of_the_Arabian_Gulf/30095131CC BY 4.0info:eu-repo/semantics/openAccessoai:figshare.com:article/300951312024-10-31T06:00:00Z |
| spellingShingle | Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian Gulf Logan Cochrane (7822049) Economics Applied economics Engineering Resources engineering and extractive metallurgy Energy transition Hydrocarbon dependency Arabian Gulf economies Energy breakthroughs Sustainable infrastructure Fossil fuel economics |
| status_str | publishedVersion |
| title | Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian Gulf |
| title_full | Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian Gulf |
| title_fullStr | Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian Gulf |
| title_full_unstemmed | Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian Gulf |
| title_short | Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian Gulf |
| title_sort | Future Energy Breakthroughs: Implications for the Hydrocarbon Economies of the Arabian Gulf |
| topic | Economics Applied economics Engineering Resources engineering and extractive metallurgy Energy transition Hydrocarbon dependency Arabian Gulf economies Energy breakthroughs Sustainable infrastructure Fossil fuel economics |