S&P Commodity Insights

Southeast Asia's continued reliance on fossil fuel generation:Is carbon capture the solution?

As fossil fuels still remain an important part of the fuel mix in Southeast Asia over the coming decades, contributing to almost 70% of the generation mix by 2030, the journey to net zero will require all options to be utilized. The cost of carbon capture for power generation will gradually decline.

In addition, depleted oil and gas fields throughout the region have the potential to serve as nearby commercial-scale geological storage. However, despite the above, financing and/or pricing mechanisms will need to be implemented to facilitate carbon capture and storage (CCS) deployment.

In this complimentary report, we take a look at:

  • When will adding carbon capture be cost-competitive enough to be adopted more widely?
  • How suitable will the addition of CCS be for coal and gas capacity?
  • Which countries will be the early adopters?

Read this strategic report to learn about these topics and more.

This report is part of our new research series, "Decarbonizing while growing: Energy transition in Southeast Asia's power sector."

To learn more about our research and analysis on the energy sector in the Asia Pacific, visit our service page.

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