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The fuel itself (reserves in the ground) is the largest component of that "stranded asset", right?
by intrasight 11y ago
The fuel itself (reserves in the ground) is the largest component of that "stranded asset", right?
- toomuchtodo 11y agoFor the exploration company? Yes. For utilities or independent generators, the generation asset itself is the largest component. I'm unaware of anyone vertically integrated, where they own the wells, the pipelines, and the generation facility (in the US).