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Field of transmission towers
Field of transmission towers

Power

Growth in the power generation sector is forecast to grow significantly.

According to the US Energy Information Administration's International Energy Outlook 2011, world net electricity generation is forecast to increase by 84 percent, from 19.1 trillion kilowatthours in 2008 to 35.2 trillion kilowatthours by 2035.  Developing the required increase in installed capacity to meet this growing demand is an enormous challenge especially as governments are grappling with the 'trilemma' of delivering security of supply, low carbon and affordable electricity.  A balanced mix of power generation technologies, including renewables  (wind, solar and hydro and marine) traditional (thermal) and nuclear will be required. This balanced mix within the context of such a steep increase in demand faces similar challenges for the delivery of required approaches and extension to existing transmission and distribution networks.  All these factors make this an exciting industry to work in, and one that requires its advisers to have sector–specific knowledge backed up by a global resource capability.

Allen & Overy continues to be at the forefront of the development of the power sector globally – advising governments, corporates, funders (equity and debt), suppliers and manufacturers on market leading transactions across project development, M&A, funding (equity, debt and Islamic financing), energy and emissions trading, and litigation.  These transactions are supported by our specialists in areas such as environmental, regulatory, antitrust, tax, employment and planning law. 

News and insights

Publications: 08 January 2024

Takeaways from Treasury's proposed regulations on U.S. tax credits for clean hydrogen production

The U.S. Treasury Department (Treasury) and the Internal Revenue Service (the IRS) issued proposed regulations on December 22, 2023, providing initial guidance on the clean hydrogen tax credit under…

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News: 04 January 2024

A&O advises Advantage Capital on its USD185 million tax equity financing to Sabanci Renewables for the Cutlass Solar II Project

Los Angeles – Allen & Overy advised Advantage Capital on its commitment to provide a USD185 million investment to Sabanci Renewables Inc., a North American subsidiary of Sabanci Holding, to complete…

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News: 21 December 2023

Allen & Overy advises EDF Renewables Poland on the first acquisition of a battery energy storage project in Poland

Allen & Overy advised EDF Renewables Poland, a leading international energy company, on its acquisition of a 50 MW battery energy storage project in Poland. The project supports EDF Renewables'…

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Transmission tower

Publications: 25 October 2023

Direct electricity lines finally become a real option for Polish renewable energy sources

An amendment to the Polish Energy Law, effective from 7 September 2023, will create new opportunities for entities interested in securing renewable energy in Poland. The amendment introduces…

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