Stakeholder value network analysis for the energy system of Saudi Arabia

Abstract

Saudi Arabia is experiencing a considerable escalation in its consumption of electricity, provoked by economic progress and population increase. Such an escalation threatens the economic output of the Kingdom: more oil and gas are needed to produce electricity and thus less oil and gas available for international trade. Therefore, the Kingdom faces the challenge of looking to atomic and renewable energy as options to fill the electricity gap for the upcoming decades. In this thesis, One of the main challenges is that the energy sector is controlled by multiple stakeholders. We address such a challenge through Stakeholder Value Network Analysis. We provide a thorough characterization of the stakeholder network in terms of direct and indirect value exchange from the point of view of a focal organization: government. We quantify the value exchange in the network and provide a research grounded ranking of the most important stakeholders and the most important transactions of value throughout the network and directly linked to the Saudi government. Finally, we use such characterization and quantification of the stakeholder network to identify the mechanisms and tradeoffs that the government has to include regarding atomic and renewable energies in the production of electricity.