The move, which could be as soon as 2020, will see capital expenditure in Australia, Vietnam, Taiwan and South Korea rise, it suggested.
The analysis does not take into account China.
ASIAN spending on renewables is close to outpacing spend on upstream oil and gas exploration, new research from Rystad Energy shows.
The move, which could be as soon as 2020, will see capital expenditure in Australia, Vietnam, Taiwan and South Korea rise, it suggested.
The analysis does not take into account China.