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Power deals annual review 2010. PWC, 2011, 24 p.http://www.pwc.com/gx/en/utilities/mergers-acquisitions/power-deals-2010-annual-review.jhtmlThe global power deal market is finally seeing an upward trend in  momentum from the lows reached in 2009, with the total deal value in the  non-renewable electricity and gas sectors up 19% year on year from  US$97.6bn to US$116bn in 2010 – a year which also saw an end to the deal  stalemate in the US with a renewed deal flow that looks set to continue  this year. Compared to the heady mountain of power deals transacted  between 2005-2008, deal values remain low but conditions are in place  for a return at least to the foothills of these peaks, according to  PwC’s annual Power Deals review.Globalisation of the power sector is moving forward on a number of  fronts with, for example, companies looking at gaining a larger presence  in growth markets, acquisitions of global network asset portfolios with  strong international interest in infrastructure assets and signs of  greater Chinese involvement, not just from grid companies but also  independent power producers. (© PWC)