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Annual Energy Outlook 2002 with Projections to 2020
Table 1. Summary of results for five cases
|
Sensitivity Factors |
1999 |
2000 |
2020 |
||||
|---|---|---|---|---|---|---|---|
|
Reference |
Low Economic Growth |
High Economic Growth |
Low |
High |
|||
|
Primary Production (quadrillion Btu) |
|||||||
|
Petroleum |
15.06 |
15.04 |
15.95 |
15.52 |
16.39 |
14.40 |
17.73 |
|
Natural Gas |
19.20 |
19.59 |
29.25 |
27.98 |
29.72 |
28.54 |
30.03 |
|
Coal |
23.15 |
22.58 |
28.11 |
26.88 |
30.08 |
27.58 |
29.04 |
|
Nuclear Power |
7.74 |
8.03 |
7.49 |
7.38 |
7.49 |
7.31 |
7.58 |
|
Renewable Energy |
6.69 |
6.46 |
8.93 |
8.59 |
9.37 |
8.90 |
8.97 |
|
Other |
1.66 |
1.10 |
0.93 |
0.91 |
0.73 |
0.40 |
1.06 |
|
Total Primary Production |
73.50 |
72.80 |
90.66 |
87.26 |
93.79 |
87.13 |
94.40 |
|
Net Imports (quadrillion Btu) |
|||||||
|
Petroleum (including SPR) |
21.19 |
22.28 |
35.04 |
32.39 |
38.25 |
38.65 |
31.51 |
|
Natural Gas |
3.50 |
3.60 |
5.64 |
5.12 |
6.40 |
5.90 |
5.17 |
|
Coal/Other (- indicates export) |
-0.96 |
-0.77 |
-0.29 |
-0.38 |
-0.15 |
-0.31 |
-0.29 |
|
Total Net Imports |
23.73 |
25.11 |
40.39 |
37.13 |
44.49 |
44.25 |
36.40 |
|
Discrepancy |
0.13 |
-1.37 |
0.20 |
0.25 |
0.04 |
-0.04 |
0.51 |
|
Consumption (quadrillion Btu) |
|||||||
|
Petroleum Products |
38.25 |
38.63 |
51.99 |
48.84 |
55.60 |
53.78 |
50.96 |
|
Natural Gas |
22.57 |
23.43 |
34.63 |
32.84 |
35.87 |
34.17 |
34.04 |
|
Coal |
21.56 |
22.34 |
27.35 |
26.08 |
29.41 |
26.83 |
28.27 |
|
Nuclear Power |
7.74 |
8.03 |
7.49 |
7.38 |
7.49 |
7.31 |
7.58 |
|
Renewable Energy |
6.70 |
6.48 |
8.94 |
8.59 |
9.38 |
8.91 |
8.98 |
|
Other |
0.28 |
0.38 |
0.44 |
0.40 |
0.48 |
0.42 |
0.46 |
|
Total Consumption |
97.10 |
99.29 |
130.85 |
124.13 |
138.24 |
131.42 |
130.29 |
|
Prices (2000 dollars) |
|||||||
|
World Oil Price |
|||||||
|
(dollars per barrel) |
17.60 |
27.72 |
24.68 |
23.45 |
25.81 |
17.64 |
30.58 |
|
Domestic Natural Gas at Wellhead |
|||||||
|
(dollars per thousand cubic feet) |
2.27 |
3.60 |
3.26 |
2.94 |
3.65 |
3.07 |
3.40 |
|
Domestic Coal at Minemouth |
|||||||
|
(dollars per short ton) |
17.01 |
16.45 |
12.79 |
12.56 |
13.23 |
12.67 |
12.95 |
|
Average Electricity Price |
|||||||
|
(cents per kilowatthour) |
6.7 |
6.9 |
6.5 |
6.2 |
6.8 |
6.4 |
6.5 |
|
Economic Indicators |
|
|
|
|
|
|
|
|
Real Gross Domestic Product |
|||||||
|
(billion 1996 dollars) |
8,857 |
9,224 |
16,525 |
14,901 |
18,102 |
16,561 |
16,496 |
|
(annual change, 2000-2020) |
|
|
3.0% |
2.4% |
3.4% |
3.0% |
2.9% |
|
GDP Chain-Type Price Index |
|||||||
|
(index, 1996=1.00) |
1.047 |
1.070 |
1.826 |
2.067 |
1.608 |
1.797 |
1.859 |
|
(annual change, 2000-2020) |
|
|
2.7% |
3.3% |
2.1% |
2.6% |
2.8% |
|
Real Disposable Personal Income |
|||||||
|
(billion 1996 dollars) |
6,320 |
6,539 |
11,698 |
10,791 |
12,541 |
11,685 |
11,723 |
|
(annual change, 2000-2020) |
|
|
3.0% |
2.5% |
3.3% |
2.9% |
3.0% |
|
Gross Manufacturing Output |
|||||||
|
(billion 1992 dollars) |
3,804 |
4,022 |
7,003 |
6,473 |
8,023 |
7,026 |
6,977 |
|
(annual change, 2000-2020) |
|
|
2.8% |
2.4% |
3.5% |
2.8% |
2.8% |
|
Energy Intensity |
|||||||
|
(thousand Btu per 1996 dollar of GDP) |
10.97 |
10.77 |
7.92 |
8.34 |
7.64 |
7.94 |
7.90 |
|
(annual change, 2000-2020) |
|
|
-1.5% |
-1.3% |
-1.7% |
-1.5% |
-1.5% |
|
Carbon Dioxide Emissions |
|||||||
|
(million metric tons carbon equivalent) |
1,517 |
1,562 |
2,088 |
1,980 |
2,215 |
2,103 |
2,083 |
|
(annual change, 2000-2020) |
|
|
1.5% |
1.2% |
1.8% |
1.5% |
1.5% |
|
Note: Specific assumptions underlying the alternative cases are defined in the Economic Activity and International Oil Markets sections beginning on page 56. Quantities are derived from historical volumes and assumed thermal conversion factors. Other production includes liquid hydrogen, methanol, supplemental natural gas, and some inputs to refineries. Net imports of petroleum include crude oil, petroleumproducts, unfinished oils, alcohols, ethers, and blending components. Other net imports include coal coke and electricity. Some refinery inputs appear as petroleum product consumption. Other consumption includes net electricity imports, liquid hydrogen, and methanol. Sources: Tables Al, A19, A20, B1, B19, B20, C1, C19, and C20. |
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