Transition Talks Reliability is the Spark: Asia Energy Transition into 2H

Research evidence excerpt

Transition Talks Reliability is the Spark: Asia Energy Transition into 2H

J P M O R G A N Asia Pacific Equity Research

11 June 2026

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Transition Talks

Reliability is the Spark: Asia Energy Transition into 2H

Security, reliability, and cost are accelerating adoption across distributed

generation and storage, grid capex and power equipment, offshore wind build-out

and enabling infrastructure, and the materials/geopolitics shaping electrification.

Looking to H2 energy transition trades, we hosted Alan Hon (Utilities and

Renewables), Avery Chan (Basic Materials), Rebecca Wen (Battery), Stephen Tsui

(Power Equipment) and Parsley Ong (Energy & Chemicals and EV Battery), to APAC Equity Thematic and

Sustainable Investing Researchshare their outlook and top picks for the rest of the year. You can read the key

takeaway points below, or listen to the podcast replay of the call here. Hannah L Lee AC

(852) 2800-8886

• Distributed solar plus storage in Southeast Asia, reliability-led adoption: hannah.l.lee@jpmorgan.com

Weak grid reliability and diesel-heavy generation in island markets in Alan Hon

Southeast Asia are creating an immediate economic case for solar plus storage (852) 2800-8573

as diesel displacement, with willingness to pay for resilience the key swing alan.hon@jpmorgan.com

J.P. Morgan Securities (Asia Pacific) Limited/ J.P.

factor. At our recent China Summit, company channel checks in this space Morgan Broking (Hong Kong) Limited