Definition of Energy reserves

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TeachMeFinance.com - explain Energy reserves



Energy reserves

The term 'Energy reserves' as it applies to the area of energy can be defined as ' This term is equivalent to 'Demonstrated Reserves' as defined in the resource/reserve classification contained in the U.S. Geological Survey Circular 831,1980. Demonstrated reserves include measured and indicated reserves but exclude inferred reserves'.

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Energy management and control system(EMCS)
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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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