Assumptions to the Annual Energy Outlook 2004 with Projections to 2025

The Assumptions to the Annual Energy Outlook presents the major assumptions of the National Energy Modeling System (NEMS) used to generate the projections in the Annual Energy Outlook.

Table of Contents

Introduction

Macroeconomic Activity Module

International Energy Module

Household Expenditures Module

Residential Demand Module

Commercial Demand Module

Industrial Demand Module

Transportation Demand Module

Electricity Market Module

Oil and Gas Supply Module

Natural Gas Transmission and Distribution Module

Petroleum Market Module

Coal Market Module

Renewable Fuels Module

Appendix A