Approval Information
KAPSARC was founded as a non-profit institution for independent research into global energy economics. It brings together an international group of expert researchers of more than 15 nationalities.
From its base in one of the world’s most important energy-producing regions, KAPSARC develops economic frameworks to help achieve effective alignment between energy policy objectives and outcomes.
KAPSARC researchers collaborate with leading international research centers, public policy organizations, and industrial and government institutions, to share knowledge, insights and analytical frameworks.
Affordable, sustainable energy underpins the growth of a country’s economy and the wellbeing of its citizens. As such, effective energy policy is one of the greatest challenges for governments and other stakeholders across the globe.
Through its research, KAPSARC aims to improve societal well-being and prosperity both in the region and worldwide.
Our mission
To advance the understanding of energy economics and to act as a catalyst for dialogue, charting a path to better welfare for societies, locally and globally.
Our values
Three key values guide our work:
- Combining creativity and rigor in our research and operations.
- Achieving results through effective teamwork and collaboration.
- Maximizing a positive societal impact.
Our governance
KAPSARC is an independent, non-profit institution located in Riyadh, Saudi Arabia. The Center was established by the Saudi Council of Ministers, and its facilities were opened in 2013. KAPSARC’s activities are funded in perpetuity by an endowment provided by the Government of Saudi Arabia.
The endowment enables researchers to conduct independent, objective research without the need to raise capital and without pressure from external donors.
The Board of Trustees has controlling authority over the Center’s affairs, policies and governance. Chaired by the Minister of Energy, it comprises the president, three international members and three Saudi members.
The Center is supported by the International Advisory Council, a group of globally recognized energy thought leaders who advise the Center on its ongoing programs and research projects.
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