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- W3155015957 abstract "When it comes to energy, two things stand out in common between Saudi Arabia and California although at different periods in time. The first is the elevated status of the oil industry: in 1900, California was the leading oil producing state in the country, with its oil industry responsible for California’s physical landscape and culture today. In 2014 California remains one of the top three producers in the USA. Likewise, Saudi Arabia’s wealth and development is based on the oil industry, which started after oil was struck in Dammam in 1938. The second factor in common is the rate of electricity demand growth. During the 1960s, the demand for electricity grew quickly and “[e]ach year Californians [were] using 8 to 8.5 percent more electricity than they did the year before.”Similar to California in the 1960’s, Saudi Arabia now experiences electricity growth rates of about 8% annually in the last two decades. Such a doubling of demand in less than a decade means a compounding effect so that by the third and fourth time of doubling, a very large number of power plants would have had to be built. This rate was seen as unsustainable in California in the 1960s as it is now in Saudi Arabia.Propelled by the oil crisis of 1972, California started to implement major policy changes through regulatory and legal frameworks, especially through the Warren Alquist Act (WAA) 1972, and within a decade, California’s electricity demand growth slowed. This demand growth rate decreased to between 1 and 2% in the three decades 1980-1990, 1990-2000 and 2000-2010. The WAA is responsible, in part, and despite an increase in the sizes of homes and the number of electrical appliances, for slowing the growth of electricity demand through appliance standards, building codes and other energy efficiency programs enacted during the 1970’s. Can California energy policy be a case study for countries such as Saudi Arabia, a large user of electricity with electricity growth rates similar to that of California of the 1960s? This paper presents a high-level overview of the policy and regulatory framework established by California in the 1970’s to, in particular, slow electricity growth. Components of Saudi Arabia’s current energy policy are presented and compared with policies of the WAA 1972. Considering the vast changes to the energy policy landscape of the last two decades worldwide, especially in terms of renewable energy, it appears that now would be a good time for Saudi Arabia to leapfrog from a WAA-like 1972 policy to a WAA 2014-and-beyond policy." @default.
- W3155015957 created "2021-04-26" @default.
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- W3155015957 date "2016-01-01" @default.
- W3155015957 modified "2023-09-27" @default.
- W3155015957 title "Slowing the Demand for Electricity: California an Example for Saudi Arabia?" @default.
- W3155015957 doi "https://doi.org/10.2139/ssrn.3437941" @default.
- W3155015957 hasPublicationYear "2016" @default.
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