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PEER STRATEGY

Transition Gives Majors Second Wind in Southeast Asia

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  • Majors are showing great appetite for Southeast Asia's rich wind and solar resources, as well as its ideal geology for carbon capture and storage (CCS).
  • As their upstream interest fades, some have sent "renewables explorers" to the region to craft a portfolio of assets or entered joint ventures with local firms.
  • Investments in renewables should yield quicker results for European majors at lower cost and risk to large and complex CCS projects, which will take time to develop.

The Issue

Topics:
Renewable Electricity , CO2 Emissions, Carbon Capture (CCS), NOCs, Majors, Corporate Strategy , Capital Spending
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