Annual Energy Outlook 2009 Early Release Energy Information Administration December 17, 2008 www.eia.doe.gov Energy Information Administration Official Energy Statistics from the U.S. Government
The economy, oil prices, resources, policies, and behavior drive the AEO2009 reference case Long-term economic growth averages about 2.5 percent per year between 2007 and 2030 World crude oil prices recover from a near-term decline…
Oil prices in the reference case rise steadily; the full AEO includes a wide range of price cases 2007 dollars per barrel 220 200 History Projections 180 High Price 160 140 Reference 120 100 80 60 Low Price 40 20 0…
Non-fossil energy use grows rapidly, but fossil fuels still provide 79 percent of total energy use in 2030 quadrillion Btu 120 History Projections 100 Coal 80 Natural Gas 60 40 Liquid Fuels Liquid Biofuels 20 Renewables…
Energy use per dollar of GDP continues to decline; per capita energy use also declines index, 1990=1.0 1.2 History Projections 1.0 Per capita 0.8 0.6 Per dollar 0.4 0.2 0.0 1990 2000 2010 2020 2030 EIA Annual Energy…
Net dependence on imported liquids declines dramatically over the next 20 years million barrels per day 30 History Projections 25 20 Consumption 54% 41% 15 60% 58% Net Imports 10 Domestic supply AEO2009 reference case 5…
Petroleum-based liquids consumption is projected to be flat as biofuels use grows million barrels per day 25 History Projections Biofuels 20 15 Transportation 10 5 Industrial Electric Power 0 Residential and…
New light-duty vehicle sales shift from light trucks back to cars percent of total sales History Projections 100 90 80 SUV 70 Van Pickup 60 Mid/large 50 Sub/Com pact 40 Mini/2-Seat 30 20 10 0 1990 2000 2007 2015…
Mild and full hybrid systems dominate new light-duty vehicle sales by 2030 millions of sales 14 History Projections 12 10 Electric Vehicle/Fuel Cell Vehicle Plug-in Hybrid Electric Vehicle 8 Hybrid Electric Vehicle Mild…
Biofuels use falls short of the 36 billion gallon RFS target in 2022, but exceeds it by 2030 billion credits 50 Legislated RFS RFS with Paragraph 7 Adjustments 40 Renewable Diesel 30 Biomass to Liquids (BTL) Net Ethanol Imports…
The import share of natural gas supply declines sharply as domestic supply grows trillion cubic feet 30 History Projections 25 Consumption 3% Net Imports 14% 16% 20 Domestic supply AEO2009 reference case 15 AEO2008…
Unconventional production meets most growth in natural gas demand and offsets the decline in conventional production and imports trillion cubic feet 30 History Projections 25 20 Unconventional 15 Non-associated offshore…
Growth in electricity use continues to slow 3-year rolling average percent growth 14 History Projections Str uc tur Period Annual Growth 12 al Ch 1950s 9.0 an 1960s 7.3 ge in 10 E co 1970s 4.2 no 1980s 3.1 my 1990s 2.4 -…
Electricity prices rise with higher capital and fuel costs and growing demand cents per kilowatthour 16 History Projections 14 12 10 Real 2007 8 6 Nominal 4 2 0 1990 2000 2010 2020 2030 EIA Annual Energy Outlook 2009…
Generation mix gradually shifts to lower carbon options billion kilowatthours 6,000 History Projections Oil & Other 5,000 Renewable 4,000 Nuclear 3,000 Natural Gas 2,000 Coal 1,000 0 1990 2000 2010 2020 2030 EIA…
Nonhydropower renewable sources meet 33% of total generation growth between 2007 and 2030 billion kilowatthours 500 History Projections 450 400 Solar 350 Geothermal 300 Waste 250 Wind 200 150 100 Biomass 50 0 1990 2000…
Natural gas and renewables provide most of the generating capacity added between 2007 and 2030 gigawatts 180 160 140 120 100 80 139 60 40 46 57 20 13 0 Coal Natural Gas Nuclear Renewables EIA Annual Energy Outlook 2009…
Growth in energy-related CO2 emissions slows with slowing growth in energy use and a shift to less carbon-intensive fuels million metric tons 7000 History Projections 6500 AEO2008 reference case 6000 AEO2009 reference case…
Electricity generation is the dominant source of CO2 emissions growth million metric tons 3,500 Purchased Electricity Coal 3,000 Natural Gas AEO2008 Petroleum 2,500 2030 AEO2009 2,000 2007 2030 1,500 1,000 500 0…
Key results from AEO2009 reference case World oil prices rise to higher levels due to growth in world demand and more limited access to resources U.S. oil use remains near its present level through 2030 as modest growth in overall…
Periodic Reports Petroleum Status and Natural Gas Storage Reports, weekly Short-Term Energy Outlook, monthly Annual Energy Outlook 2009, December 2008/ February 2009 International Energy Outlook 2008, August 2008 U.S. Crude Oil, Natural…