Texas Lawyer Publishes Akin Gump Roundtable on State of Renewables in Texas

March 10, 2020

Reading Time : 1 min

Contact:

Jacinta O'Shea-Ramdeholl

Director of Communications

Sarah Richmond

Senior Communications Manager

Texas Lawyer has published “Akin Gump Experts Expect More Green to Be Pumped Into Renewables,” a roundtable discussion held last month with Akin Gump partners Matt Kapinos, Andy Lehman and David Sweeney on the state of renewable energy in Texas.

The conversation began with Lehman observing that the growth of renewables in the past year has led to “a reduction of allocation of capital towards more traditional oil and gas investments,” which he expects to continue over the coming two years.

Kapinos weighed in by stating that, “if you’re building new [power] generation, you’re either doing renewables or natural gas.” Sweeney agreed, adding, “there is still a large focus on E&P projects, even if there has been more talk about renewables than there has been in the past.”

The discussion also touched on the upstream industry, and how it has adapted to the growth of renewable power generation, as well as how oil field services funds and companies are reacting. In addition, the speakers examined the role of government incentives of renewable projects.

Finally, the conversation concluded with a look at whether renewables were being fully embraced as a viable and growing source stream for energy.

Share This Insight

People Mentioned in This News

© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.