The Energy Information Administration (EIA), in preparing projections for the Annual Energy Outlook 2007 (AEO2007), evaluated a wide range of trends and issues that could have major implications for U.S. energy markets between today and 2030. This overview focuses on one case, the reference case, which is presented and compared with the Annual Energy Outlook 2006 (AEO2006) reference case (see Table 1).
Readers are encouraged to review the full range of alternative cases included in AEO2007 when the complete report is released in early 2007. As in previous editions of the AEO, the reference case assumes that current policies affecting the energy sector remain unchanged throughout the projection period. Some possible policy changes—notably, the adoption of policies to limit or reduce greenhouse gas emissions—could change the reference case projections significantly.
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