1 / 21

Annual Energy Outlook 2008

Annual Energy Outlook 2008. Energy Information Administration December 12, 2007 www.eia.doe.gov. World oil prices are higher in all AEO2008 cases. 2006 dollars per barrel. History. Projection. High Price. Reference. Low Price.

joelle-beasley
Télécharger la présentation

Annual Energy Outlook 2008

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Annual Energy Outlook 2008 Energy Information Administration December 12, 2007 www.eia.doe.gov

  2. World oil prices are higher in all AEO2008 cases 2006 dollars per barrel History Projection High Price Reference Low Price AEO2008 Press Conference Presentation: December 12, 2007 2

  3. U.S. primary energy consumption is lower in all years quadrillion Btu 131.2 123.8 118.2 Renewables 113.6 Nuclear 106.5 103.6 100.0 Coal Petroleum Natural Gas 2010 2020 2030 AEO2008 Press Conference Presentation: December 12, 2007 3

  4. Energy use per capita is constant and per dollar of GDP falls at 1.6 percent per year (index, 1970=1.0) History Projection AEO2008 Press Conference Presentation: December 12, 2007 4

  5. Transportation sector dominates liquid fuel consumption million barrels per day History Projection Transportation Industrial Residential and Commercial Electric Power AEO2008 Press Conference Presentation: December 12, 2007 5

  6. AEO2008 AEO2007 Net liquids import dependence is lower in AEO2008 million barrels per day 61% Consumption Net Imports 59% 60% Domestic supply Projection History

  7. Domestic crude oil production grows in the near term AEO2008 AEO2007 million barrels per day Projection History Lower 48 Onshore Lower 48 Offshore Alaska AEO2008 Press Conference Presentation: December 12, 2007 7

  8. Lower-48 onshore carbon dioxide enhanced oil recovery grows rapidly million barrels per day Conventional + Other EOR AEO2008 AEO2007 Carbon Dioxide Enhanced Oil Recovery AEO2008 Press Conference Presentation: December 12, 2007 8

  9. Ethanol supply dominated by corn exceeds the RFS, includes strong growth in imports billion gallons Cellulose Based Imports Renewable Fuel Standard Corn Based

  10. Natural gas consumption is lower in all sectors in AEO2008 compared to AEO2007 Trillion cubic feet 26.1 26.3 24.1 24.0 23.2 23.4 21.8 Transportation Electric Power Industrial Commercial Residential 2010 2020 2030 AEO2008 Press Conference Presentation: December 12, 2007 10

  11. Natural gas consumption and production is lower and the net import share narrows trillion cubic feet Consumption 21% Net Imports 15% 16% Production AEO2008 AEO2007 History Projection

  12. Net pipeline and, particularly, LNG imports are lower in AEO2008 trillion cubic feet History Projection Pipeline AEO2008 LNG AEO2007 AEO2008 Press Conference Presentation: December 12, 2007 12

  13. Despite lower demand, natural gas wellhead prices are slightly higher in AEO2008 2006 dollars per thousand cubic feet History Projection AEO2008 Press Conference Presentation: December 12, 2007 13

  14. U.S. coal consumption is predominantly used for electricity generation with growing use for CTL quadrillion Btu 32.8 26.5 22.9 22.5 Electric Power Coal-to- Liquids Other AEO2008 Press Conference Presentation: December 12, 2007 14

  15. U.S. electricity consumption is lower in AEO2008 billion kilowatthours 5,478 5,149 Transportation 4,756 4,571 Industrial 4,132 4,021 3,821 Commercial Residential 2010 2020 2030 AEO2008 Press Conference Presentation: December 12, 2007 15

  16. Coal dominates capacity additions, but nuclear/renewables play a growing role gigawatts Natural Gas Coal Renewables Nuclear AEO2008 Press Conference Presentation: December 12, 2007 16

  17. Natural gas generation is offset by growth in coal, nuclear and renewable generation billion kilowatthours 57 - percent of total 16 15 9 2 AEO2008 Press Conference Presentation: December 12, 2007 17

  18. Strongest growth in renewable electricity generation is in biomass and wind billion kilowatthours AEO2008 Press Conference Presentation: December 12, 2007 18

  19. U.S. electricity price follow pattern similar to delivered fuels used at power plants 2006 cents per kilowatthour History Projection AEO2008 Press Conference Presentation: December 12, 2007 19

  20. Total CO2 emissions in 2030 are down in AEO2008 with decline in energy consumption million metric tons Total Carbon Dioxide Emissions AEO2007 2030 AEO2008 2030 2006 Delivered, including losses AEO2008 Press Conference Presentation: December 12, 2007 20

  21. Annual Energy Outlook 2008 reference case indicates that through 2030.... U.S. energy demand grows at an average annual rate of 0.9 percent The energy efficiency of the economy improves at an average annual rate of 1.6 percent U.S. oil import dependence, measured as a share of U.S. oil use, does not increase over the next 25 years U.S. natural gas use declines over the last decade of the projection Future growth in U.S. natural gas supplies depends on unconventional domestic production, natural gas from Alaska, and liquefied natural gas imports Carbon dioxide emissions from energy grow at an average annual rate of 0.9 percent AEO2008 Press Conference Presentation: December 12, 2007 21

More Related