Annual Energy Outlook 2003 with Projections to 2025

Table 21. Comparison of electricity forecasts
(billion kilowatthours, except where noted)

Projection

2001

AEO2003

Other forecasts

Reference

Low
economic growth

High
economic growth

GII

EEA

   

2015

Average end-use price
(2001 cents per kilowatthour)

7.3

6.5

6.2

6.7

5.5

NA

  Residential

8.6

7.7

7.4

8.1

6.7

NA

  Commercial

7.9

6.9

6.6

7.2

5.8

NA

  Industrial

4.8

4.4

4.1

4.5

4.0

NA

Net energy for load, including CHP

3,770

5,024

4,881

5,208

5,269

5,158

  Coal

1,904

2,391

2,331

2,468

2,546

2,320

  Oil

125

53

50

53

118

124

  Natural gas a

624

1,223

1,155

1,314

1,295

1,346

  Nuclear

769

805

805

805

693

735

  Hydroelectric/other b

301

469

463

478

420

366

  Nonutility sales to grid c

27

56

52

62

164

229

  Net imports

20

26

24

29

33

38

Electricity sales

3,414

4,481

4,357

4,642

4,583

4,405

  Residential

1,201

1,539

1,518

1,557

1,613

1,557

  Commercial/other d

1,219

1,671

1,644

1,698

1,599

1,584

  Industrial

994

1,271

1,195

1,387

1,371

1,264

Capability, including CHP (gigawatts) e

851

1,051

1,022

1,091

1,161

1,001

  Coal

315

333

327

342

388

331

  Oil and natural gas

321

482

461

509

559

452

  Nuclear

98

99

99

99

94

92

  Hydroelectric/other

117

130

129

131

139

126

   

2020 f

Average end-use price
(2001 cents per kilowatthour)

7.3

6.6

6.4

6.8

5.2

NA

  Residential

8.6

7.8

7.5

8.1

6.3

NA

  Commercial

7.9

7.2

6.9

7.3

5.5

NA

  Industrial

4.8

4.5

4.3

4.7

3.7

NA

Net energy for load, including CHP

3,770

5,434

5,198

5,722

5,697

5,680

  Coal

1,904

2,553

2,441

2,687

2,826

2,562

  Oil

125

52

58

49

106

106

  Natural gas a

624

1,452

1,341

1,585

1,492

1,585

  Nuclear

769

807

807

807

657

739

  Hydroelectric/other b

301

486

475

498

417

397

  Nonutility sales to grid c

27

67

59

77

167

250

  Net imports

20

17

17

17

31

40

Electricity sales

3,414

4,850

4,643

5,095

4,973

4,835

  Residential

1,201

1,640

1,598

1,670

1,781

1,693

  Commercial/other d

1,219

1,852

1,799

1,902

1,715

1,793

  Industrial

994

1,358

1,246

1,523

1,477

1,349

Capability, including CHP (gigawatts) e

851

1,129

1,081

1,185

1,240

1,070

  Coal

315

353

339

370

408

364

  Oil and natural gas

321

532

504

565

624

467

  Nuclear

98

100

100

100

88

92

  Hydroelectric/other

117

133

131

135

139

148

   aIncludes supplemental gaseous fuels.
    b”Other” includes conventional hydroelectric, pumped storage, geothermal, wood, wood waste, municipal waste, other biomass, solar and wind power, plus a small quantity of petroleum coke.
    cFor AEO2003, includes only net sales from combined heat and power plants.
    d”Other” includes sales of electricity to government, railways, and street lighting authorities.
    eEIA capacity is net summer capability, including combined heat and power plants. GII capacity is nameplate, excluding cogeneration plants.
    fElectric power projections for 2025 were not available from GII and EEA. For AEO2003 projections, see Appendixes A and B.
    CHP = combined heat and power. NA = not available.
    Sources: AEO2003: AEO2003 National Energy Modeling System, runs AEO2003.D110502C (reference case), LM2003.D110502C (low economic growth case), and HM2003.D110502C (high economic growth case). GII: DRI-WEFA (now Global Insight, Inc.), Winter 2001-2002 U.S. Energy Outlook (May 2002). EEA: Energy and Environmental Analysis, Inc., EEA’s Compass Service Base Case (October 2002).

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