Energy
The Annual Energy Outlook 2014 (AEO2014), prepared by the U.S. Energy Information Administration (EIA), presents long- term annual projections of energy supply, demand, and prices focused on the U.S. through 2040, based on results from EIA’s National Energy Modeling System (NEMS). NEMS enables EIA to make projections under alternative, internally-consistent sets of assumptions, the results of which are presented as cases. The analysis in AEO2014 focuses on five primary cases: a Reference case, Low and High Economic Growth cases, and Low and High Oil Price cases. Results from a number of other alternative cases also are presented, illustrating uncertainties associated with the Reference case projections. EIA published an Early Release version of the AEO2014 Reference case in December 2013.
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