What is proven reserve?
A)A reserve of energy that has been determined to be renewable.
B)An amount of energy that is economically-viable for a certain region
C)An amount of energy is environmentally-viable for a certain region.
D)The amount of energy resources known to be contained within a supply.

Question

Quizplus · Accepted Answer

Proven reserve is the amount of energy resources known to be contained within a supply.
Key Takeaway: Proven reserves are defined the amount of energy sources that have been determined, through geological analysis, to be able to be recovered from known reservoirs. Proven reserves are most often used in regard to fossil fuel reserves, such as oil, natural gas, or coal (because renewables are constantly renewable, their amount of reserve could never be actually calculated).

What Is Proven Reserve