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The Ministry of Energy calculated coal reserves in Russia

The Ministry of Energy calculated coal reserves in Russia

The Ministry of Energy has calculated how many years Russia will have enough coal. Sergei Mochalnikov, Director of the Department for Foreign Economic Cooperation and Fuel Markets Development at the Ministry of Energy, believes that the coal reserves will last for 350 years. However, already in this century, the abandonment of this type of fuel will begin.

As the RIA News", the reserves now amount to more than 400 billion tons of coal. Mochalnikov said that the Elginskoye field alone has 2,2 million tons.

Currently, production growth is about 9% compared to last year, but already in 2022, growth is projected at 1,5%. Referring to the fact that coal is one of the cheapest types of energy, the expert believes that until 2040 it will remain one of the basic elements of the energy balance.

He also notes that with the transition from fossil fuels to renewable energy sources, consumers will pay more attention to the quality of coal. Low-calorie and poorly enriched coals will not be in demand.

Mochalnikov is sure that in order to provide consumers with energy, society should not focus only on renewable sources.

“If we want to move forward, then we must have an absolutely balanced and balanced approach that provides consumers with energy regardless of weather anomalies and cataclysms,” he said.

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