Annual
Energy Outlook 2003 with Projections to 2025
Table G1. Summary of the AEO2003 cases
| Case name |
Description |
Integration mode |
Reference in text |
Reference in Appendix G |
| 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 2.5 percent, compared to the reference case growth of 3.0 percent. |
Fully integrated |
p. 51 |
|
| High Economic Growth |
Gross domestic product grows at an average annual rate of 3.5 percent, compared to the reference case growth of 3.0 percent. |
Fully integrated |
p. 51 |
|
| Low World Oil Price |
World oil prices are $19.04 per barrel in 2025, compared to $26.57 per barrel in the reference case. |
Fully integrated |
p. 52 |
|
| High World Oil Price |
World oil prices are $33.05 per barrel in 2025, compared to $26.57 per barrel in the reference case. |
Fully integrated |
p. 52 |
|
|
Residential: |
Future equipment purchases based on equipment available in 2003. Existing building shell efficiencies fixed at 2003 levels. |
With commercial |
p. 63 |
p. 233 |
|
Residential: |
Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment. Heating shell efficiency increases by 12 percent from 1997 values by 2025. |
With commercial |
p. 63 |
p. 234 |
|
Residential: |
Future equipment purchases and new building shells based on most efficient technologies available. Heating shell efficiency increases by 16 percent from 1997 values by 2025. |
With commercial |
p. 63 |
p. 234 |
|
Commercial: |
Future equipment purchases based on equipment available in 2003. Building shell efficiencies fixed at 2003 levels. |
With residential |
p. 64 |
p. 235 |
|
Commercial: |
Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment. Building shell efficiencies increase 50 percent faster than in the reference case. |
With residential |
p. 64 |
p. 235 |
|
Commercial: |
Future equipment purchases based on most efficient technologies available. Building shell efficiencies increase 50 percent faster than in the reference case. |
With residential |
p. 64 |
p. 235 |
|
Industrial: |
Efficiency of plant and equipment fixed at 2003 levels. |
Standalone |
p. 65 |
p. 236 |
| Industrial: High Technology |
Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment. | Standalone | p. 65 | p. 236 |
| Transportation: 2003 Technology |
Efficiencies for new equipment in all modes of travel are fixed at 2003 levels. | Standalone | p. 65 | p. 237 |
| Transportation: High Technology |
Reduced costs and improved efficiencies are assumed for advanced technologies. | Standalone | p. 65 | p. 237 |
| Integrated 2003 Technology |
Combination of the residential, commercial, industrial, and transportation 2003 technology cases, electricity low fossil technology case, and assumption of renewable technologies fixed at 2002 levels. | Fully integrated | p. 93 | |
| Integrated High Technology |
Combination of the residential, commercial, industrial, and transportation high technology cases, electricity high fossil technology case, high renewables case, and advanced nuclear cost case. | Fully integrated | p. 93 | |
| Electricity: Advanced Nuclear Cost |
New nuclear capacity is assumed to have both lower capital costs than in the reference case. |
Partially integrated |
p. 71 |
p. 240 |
|
Electricity: |
Electricity demand increases at an annual rate of 2.5 percent, compared to 1.8 percent in the reference case. |
Partially integrated |
p. 71 |
p. 240 |
|
Electricity: Low |
New advanced fossil generating technologies are assumed not to improve over time from 2003. |
Partially integrated |
p. 72 |
p. 240 |
|
Electricity: High |
Costs and/or efficiencies for advanced fossil-fired generating technologies improve from reference case values. |
Partially integrated |
p. 72 |
p. 240 |
|
Renewables: |
Lower costs and higher efficiencies for central-station renewable generating technologies and for distributed photovoltaics, approximating U.S. Department of Energy goals for 2025. Includes greater improvements in residential and commercial photovoltaic systems, more rapid improvement in recovery of industrial biomass byproducts, and more rapid improvement in cellulosic ethanol production technology. |
Fully integrated |
p. 74 |
p. 242 |
|
Oil and Gas: |
Cost, finding rate, and success rate parameters adjusted for 15-percent slower improvement than in the reference case. |
Fully integrated |
p. 79, |
p. 243 |
|
Oil and Gas: |
Cost, finding rate, and success rate parameters adjusted for 15-percent more rapid improvement than in the reference case. |
Fully integrated |
p. 79, |
p. 243 |
|
Coal: |
Productivity increases at an annual rate of 3.1 percent, compared to the reference case growth of 1.6 percent. Real wages and real mine equipment costs decrease by 0.5 percent annually, compared to constant real wages and equipment costs in the reference case. |
Fully integrated |
p. 87 |
p. 247 |
|
Coal: |
Productivity increases at an annual rate of 0.1 percent, compared to the reference case growth of 1.6 percent. Real wages and real mine equipment costs increase by 0.5 percent annually, compared to constant real wages and equipment costs in the reference case. |
Fully integrated |
p. 87 |
p. 247 |