The Ministry of Energy has estimated the level of coal reserves in Russia

by time news

Coal reserves in Russia will last for about 350 years, said Sergei Mochalnikov, director of the Department for Foreign Economic Cooperation and Fuel Markets Development at the Ministry of Energy.

“Coal reserves in Russia exceed 400 billion tons. This will be enough for us for a very long period. At the current level of production, it will last for about 350 years, ”he said in an interview with RIA Novosti.

At the same time, Mochalnikov allowed countries to refuse coal until the end of this century due to the global energy transition. At the same time, the representative of the department noted that coal is one of the cheapest types of energy, which is in demand among energy-poor countries. Therefore, the demand for this fuel will remain until 2040, he concluded.

In the contact of the energy transition, Mochalnikov stressed the importance of maintaining the energy balance. The energy crisis in Europe observed today due to the rise in gas prices, in his opinion, has proven the need to preserve traditional types of energy, ensuring “stability and security of energy supply,” along with renewable ones.

“If we want to periodically plunge into the Stone Age – with power and heat outages – then yes, we need to focus exclusively on renewable sources. And 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.

Mochalnikov added that during the energy transition, special attention will be paid to the quality of coal. As a result, the one that does not meet the standards will leave the market. In this case, we mean, first of all, low-grade, low-calorie and poorly enriched coal.

Earlier, a representative of the Ministry of Economic Development told reporters that the volume of Russia’s spending on reducing emissions until 2050 is estimated at 40-50 trillion rubles. A significant share of these funds falls on investments that will go within the framework of energy modernization, including the development of nuclear energy and renewable energy sources (RES).

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