Table 1. Summary of AEO2000 Cases
|
Case Name |
Description |
Integration |
|
Reference |
Baseline economic growth, world oil price, and technology assumptions |
Fully Integrated |
|
Low Economic Growth |
Gross Domestic product grows at an average annual rate of 1.7 percent, compared to the reference case growth of 2.2 percent. |
Fully Integrated |
|
High Economic Growth |
Gross domestic product grows at an average annual rate of 2.6 percent, compared to the reference case growth of 2.2 percent. |
Fully Integrated |
|
Low World Oil Price |
World oil prices are $14.90 per barrel in 2020, compared to $22.04 per barrel in the reference case. |
Fully Integrated |
|
High World Oil Price |
World oil prices are $28.04 per barrel in 2020, compared to $22.04 per barrel in the reference case. |
Fully Integrated |
|
Residential: |
Future equipment purchases based on equipment available in 2000. Building shell efficiencies fixed at 2000 levels. |
Standalone |
|
Residential: |
Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment. |
Standalone |
|
Residential: |
Future equipment purchases and new building shells based on most efficient technologies available. Building shell efficiencies increase by 25 percent from1997 values by 2020. |
Standalone |
|
Commercial: |
Future equipment purchases based on equipment available in 2000. Building shell efficiencies fixed at 2000 levels. |
Standalone |
|
Commercial: |
Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment. |
Standalone |
|
Commercial: |
Future equipment purchases based on most efficient technologies available. Building shell efficiencies increase 50 percent from reference values by 2020. |
Standalone |
|
Buildings: |
Assumes that near-term standards will be promulgated on time, and that future revisions will increase efficiency by 10 percent if technically feasible. |
Standalone |
|
Buildings |
Assumes that near-term standards will be promulgated on time, and that future revisions will increase efficiency by 20 percent if technically feasible. |
Standalone |
|
Industrial: |
Efficiency of plant and equipment fixed at 2000 levels. |
Standalone |
|
Industrial: |
Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment. |
Standalone |
|
Transportation: |
Efficiencies for new equipment in all modes of travel are fixed at 2000 levels. |
Standalone |
|
Transportation: |
Reduced costs and improved efficiencies are assumed for advanced technologies. |
Standalone |
|
Consumption: |
Combination of the residential, commercial, industrial, and transportation 2000 technology cases and electricity low fossil technology case. |
Fully Integrated |
|
Consumption: |
Combination of the residential, commercial, industrial, and transportation high technology cases and electricity high fossil technology case. |
Fully Integrated |
|
Electricity: |
Relative to the reference case, higher capital investments and operating costs are assumed to be required when plants are evaluated for retirement. |
Partially Integrated |
|
Electricity: |
No capital investments are assumed to be required through the initial 40-year plant lifetime, and investment and operating costs are lower than in the reference case. |
Partially Integrated |
|
Electricity: |
Electricity demand increases at an annual rate of 2.0 percent, compared to 1.4 percent in the reference case. |
Partially Integrated |
|
Electricity: Low |
New fossil generating technologies are assumed not to improve over time from 1999. |
Fully Integrated |
|
Electricity: High |
Costs and efficiencies for advanced fossil-fired generating technologies are assumed to improve from reference case values. |
Fully Integrated |
|
Electricity: |
Competitive pricing is phased in over 10 years in all regions of the country. |
Fully Integrated |
|
Electricity: |
Competitive pricing is phased in over 10 years in all regions of the country. Cost, finding rate, and success rate parameters for natural gas adjusted for slower improvement. |
Fully Integrated |
|
Electricity: |
Competitive pricing is phased in over 10 years in all regions of the Country. Cost, finding rate, and success rate parameters for natural gas adjusted for more rapid improvement. |
Fully Integrated |
|
Electricity: RPS with |
Nonhydroelectric renewable generation is required to increase to 7.5 percent of total electricity sales for the period 2010-2015, subject to a 1.5 cent per kilowatthour limit on the price of renewable credits. The RPS requirement sunsets in 2015. |
Fully Integrated |
|
Electricity: RPS with |
Nonhydroelectric renewable generation is required to increase to 7.5 percent of total electricity sales in 2010 and all years thereafter, subject to a 1.5 cent per kilowatthour limit on the price of renewable credits. |
Fully Integrated |
|
Electricity: RPS, No |
Nonhydroelectric renewable generation is required to increase to 7.5 percent of total electricity sales in 2010 and all years thereafter. |
Fully Integrated |
|
Renewables: High Renewables |
Lower costs and higher efficiencies are assumed for new renewable generating technologies. |
Fully Integrated |
|
Oil and Gas: |
Cost, finding rate, and success rate parameters adjusted for slower improvement. |
Fully Integrated |
|
Oil and Gas: |
Cost, finding rate, and success rate parameters adjusted for more rapid improvement. |
Fully Integrated |
|
Oil and Gas: |
The sulfur content of all gasoline in the United States is reduced to a 30 ppm annual average standard starting in 2004. Reformulated gasoline meets the 30 ppm requirement in 2004. Conventional gasoline meets an 80 ppm specification in 2004 but meets the 30 ppm limit by 2007. |
Standalone |
|
Oil and Gas: |
MTBE blended with gasoline is reduced to 3 percent of all gasoline by 2003. The Federal requirement for 2.0 percent oxygen in reformulated gasoline is waived. |
Standalone |
|
Coal: |
Productivity increases at an annual rate of 3.6 percent, compared to the reference case growth of 2.3 percent. Real wages decrease by 0.5 percent annually, compared to constant real wages in the reference case. |
Partially Integrated |
|
Coal: |
Productivity increases at an annual rate of 0.9 percent, compared to the reference case growth of 2.3 percent. Real wages increase by 0.5 percent annually, compared to constant real wages in the reference case. |
Partially Integrated |