Table 1.  Summary of AEO2000 Cases 

Case Name

Description

Integration
mode

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:
2000 Technology

Future equipment purchases based on equipment available in 2000. Building shell efficiencies fixed at 2000 levels.

Standalone

Residential:
High Technology

Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment.

Standalone

Residential:
Best Available Technology

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:
2000 Technology

Future equipment purchases based on equipment available in 2000. Building shell efficiencies fixed at 2000 levels.

Standalone

Commercial:
High Technology

Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment.

Standalone

Commercial:
Best Available Technology

Future equipment purchases based on most efficient technologies available. Building shell efficiencies increase 50 percent from reference values by 2020.

Standalone

Buildings:
10-Percent Standards

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
20-percent Standards

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:
2000 Technology

Efficiency of plant and equipment fixed at 2000 levels.

Standalone

Industrial:
High Technology

Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment.

Standalone

Transportation:
2000 Technology

Efficiencies for new equipment in all modes of travel are fixed at 2000 levels.

Standalone

Transportation:
High Technology

Reduced costs and improved efficiencies are assumed for advanced technologies.

Standalone

Consumption:
2000 Technology

Combination of the residential, commercial, industrial, and transportation 2000 technology cases and electricity low fossil technology case.

Fully Integrated

Consumption:
High Technology

Combination of the residential, commercial, industrial, and transportation high technology cases and electricity high fossil technology case.

Fully Integrated

Electricity:
Low Nuclear

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:
High Nuclear

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:
High Demand

Electricity demand increases at an annual rate of 2.0 percent, compared to 1.4 percent in the reference case.

Partially Integrated

Electricity: Low
Fossil Technology

New fossil generating technologies are assumed not to improve over time from 1999.

Fully Integrated

Electricity: High
Fossil Technology

Costs and efficiencies for advanced fossil-fired generating technologies are assumed to improve from reference case values.

Fully Integrated

Electricity:
Competitive Pricing
With Reference
Gas Prices

Competitive pricing is phased in over 10 years in all regions of the country.

Fully Integrated

Electricity:
Competitive Pricing
With Higher
Gas Prices

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
With Lower Gas Prices

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
Cap and Sunset

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
Cap, No Sunset

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
Cap, No Sunset

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:
Slow Technology

Cost, finding rate, and success rate parameters adjusted for slower improvement.

Fully Integrated

Oil and Gas:
Rapid Technology

Cost, finding rate, and success rate parameters adjusted for more rapid improvement.

Fully Integrated

Oil and Gas:
Gasoline Sulfur
Reduction

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:
BRP/MTBE Reduction

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:
Low Mining Cost

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:
High Mining Cost

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

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