Table 1. Summary of AEO99 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 1.5 percent, compared to the reference case growth of 2.1 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 2.1 percent. |
Fully Integrated |
Low World Oil Price |
World oil prices are $14.57 per barrel in 2020, compared to $22.73 per barrel in the reference case. |
Partially Integrated |
High World Oil Price |
World oil prices are $29.35 per barrel in 2020, compared to $22.73 per barrel in the reference case. |
Partially Integrated |
Residential: 1999 Technology |
Future equipment purchases based on equipment available in 1999. Building shell efficiencies fixed at 1999 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. Existing building shell efficiencies increase by 30 percent from 1993 values by 2020. |
Standalone |
Commercial:1999 Technology |
Future equipment purchases based on equipment available in 1999. Building shell efficiencies fixed at 1999 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 by 50 percent from reference values by 2020. |
Standalone |
Industrial: 1999 Technology |
Efficiency of plant and equipment fixed at 1999 levels. |
Standalone |
Industrial: High Technology |
Earlier availability, lower costs, and higher efficiencies assumed for more advanced equipment. |
Standalone |
Transportation: 1999 Technology |
Efficiencies for new equipment in all modes of travel are fixed at 1999 levels. |
Standalone |
Transportation: High Technology |
Reduced costs and improved efficiencies are assumed for advanced technologies. |
Standalone |
Consumption: 1999 Technology |
Combination of the residential, commercial, industrial, and transportation 1999 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 |
Higher capital investments assumed after 30 and 40 years of operation. |
Partially Integrated |
Electricity:High Nuclear |
No capital investments are required for license renewal. |
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 generating technologies are assumed not to improve over time from 1997. |
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 |
Competitive pricing is phased in over 10 years in all regions of the country. |
Fully Integrated |
Electricity: 5.5-Percent Renewable Portfolio Standard |
Nonhydroelectric renewable generation increases to 5.5 percent of total generation for the period 2010-2015. |
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: Automakers National Low-Sulfur Gasoline |
Starting in 2004, sulfur levels of all gasoline in the United States meet a 40 ppm annual average standard. |
Standalone |
Oil and Gas: API/NPRA Regional Reduced-Sulfur Gasoline |
Starting in 2004, gasoline in Federal reformulated gasoline areas and in 23 States and East Texas meets a 150 ppm annual average standard. California gasoline continues to meet the current 40 ppm standard, and gasoline in all other areas of the country meets a 300 ppm standard. In 2010, the areas that were using 150 ppm gasoline are assumed to switch to 40 ppm gasoline. |
Standalone |
Coal: Low Mining Cost |
Productivity increases at an annual rate of 3.8 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 1.2 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 |