FUEL AND ENERGY COMPLEX OUTLOOK
Original Paper
UDC 339.982 © O.V. Zonova, O.B. Sheveleva, E.V. Slesarenko, 2023
ISSN 0041-5790 (Print) • ISSN 2412-8333 (Online) • Ugol’ – Russian Coal Journal, 2023, № 2, pp. 26-30
DOI: http://dx.doi.org/10.18796/0041-5790-2023-2-26-30
Title
TRENDS IN THE DEVELOPMENT OF THE COAL INDUSTRY IN THE FACE OF EXTERNAL SHOCKS
Authors
Zonova O.V.1, Sheveleva O.B.1, Slesarenko E.V.1
1T.F. Gorbachev Kuzbass State Technical University (KuzSTU), Kemerovo, 650000, Russian Federation
Authors Information
Zonova O.V., PhD (Economic), Associate Professor of the Department of Finance and Credit, e-mail: zov.fk@kuzstu.ru
Sheveleva O.B., PhD (Economic), Associate Professor of the Department of Finance and Credit, e-mail: shob.fk@kuzstu.ru.ru
Slesarenko E.V., Senior Lecturer, Department of Finance and Credit, e-mail: sev.fk@kuzstu.ru.ru
Annotation
The study of external shocks that affect the sustainable development of the coal industry in Russia makes it possible to form economic policy directions that help minimize the consequences of negative trends that weaken the industry's potential in the short and long term. In light of the changing global economic structure, the development of the Russian coal industry faces a number of constraints: volatility in export prices for hydrocarbons due to market shocks; promotion of the economy decarbonization strategy; the introduction of economic sanctions by a number of Western states and the United States against the Russian economy in the field of finance, energy, transport, export of goods and technologies; infrastructure and logistical constraints. The influence of external shocks is exacerbated by the accumulated internal problems of the industry development. The expansion of the Russian Railways' eastern range and the construction of a bulk carrier fleet will help improve the situation in the Russian coal industry, however, the implementation of such investment projects may require significant financial and time costs.
Keywords
Coal industry, External environment, Threats, Restrictions, Sustainable development.
References
1. Chernova O.A. Relative break-even as a determinant of the dynamic balance of the Russian coal industry. Journal of applied economic research, 2021, (2), pp. 194-216. (In Russ.).
2. Sheveleva O.B., Slesarenko E.V., Mamzina T.F. & Vagina N.D. The energy industry in Russia: assessment of the state, prob-lems and prospects. IOP Conference Series: Materials Science and Engineering. Krasnoyarsk Science and Technology City Hall of the Russian Union of Scientific and Engineering Associations, 2020, pp. 62076.
3. Mochalnikov S. On the development of technologies in the context of external sanctions. Portal "Energy and Industry of Russia": site. Available at: https://www.m.eprussia.ru/news/base/2022/5562198.htm (accessed 15.01.2023). (In Russ.).
4. Russian fuel and energy complex under sanctions restrictions. Energy Trends, 2022, (106), March: website. Available at: https://e-cis.info/upload/iblock/978/9780e046df43b4be4c96939e09559170.pdf (accessed 15.01.2023). (In Russ.).
5. Experts linked the growth of the Russian economy with random shocks. Banki.ru: site. Available at: https://www.banki.ru/news/lenta/?id=10651141https://www.banki.ru/news/lenta/?id=10651141 (accessed 15.01.2023). (In Russ.).
6. What sanctions were imposed against Russia in 2022 and how did Moscow respond. Tass.ru: site. Available at: https://tass.ru/info/14538591?utm_source=google.com&utm_medium=organic&utm_campaign=google.com&utm_referrer=google.com (accessed 15.01.2023). (In Russ.).
7. Plakitkin Y., Plakitkina L. & Dyachenko K. Impact of basic risks, sanctions and adverse market conditions on the coal industry development in Russia over the period to 2040. Part II: Impact of risks and sanctions on the coal industry, and efficiency of the industry advancement scenarios in the post-crisis period. Gornyi Zhurnal, 2020, (12), pp. 4-10.
8. Chernova O.A. Stress factors of sustainable development of the coal industry in Russia. Journal of applied economic research, 2022, Vol. 22, (1), pp. 49-78. (In Russ.).
9. Zonova O.V., Kudrevatykh N.V., Sheveleva O.B., Slesarenko E.V. & Vagina N.D. Limitations of the implementation of the concept of sustainable development in a coal mining region (the case of the Kemerovo region - Kuzbass). E3S Web of Conferences. VIth International Innovative Mining Symposium, 2021, (315), pp. 04021.
10. Sablin K., Kagan E. & Chernova E. Clustering of the Russian coal mining regions: Investment and innovation activity. Journal of New Economy, 2020, (21), pp. 89-106.
11. Khoreshok A.A., Kudrevatykh N.V., Sheveleva O.B. & Slesarenko E.V. System analysis of the parameters of sustainable development of a coal-mining region in the light of growing environmental problems (on the example of the Kemerovo region - Kuzbass). Ustojchivoe razvitie gornykh territorij, 2021, Vol. 13, (4), pp. 505-517. (In Russ.).
12. Plakitkin Y., Plakitkina L. & Dyachenko K. Impact of basic risks, sanctions and adverse market conditions on the coal industry development in Russia over the period to 2040. Part I: External and internal challenges critical to the coal industry development and its performance scenarios in the post-crisis period. Gornyi Zhurnal, 2020, (3), pp. 54-59.
For citation
Zonova O.V., Sheveleva O.B.& Slesarenko E.V. Trends in the development of the coal industry in the face of external shocks. Ugol’, 2023, (2), pp. 26-30. (In Russ.). DOI: 10.18796/0041-5790-2023-2-26-30.
Paper info
ReceivedOctober 17, 2022
Reviewed December 15, 2022
Accepted January 26, 2023
