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

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