Electricity procurement contracts in October 2019 saw 57 contracts announced, marking a drop of 3% over the last 12-month average of 59, according to GlobalData’s power industry contracts database.
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The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Power Purchase Agreement: 53 contracts and a 93% share
- Electricity Supply: three contracts and a 5.3% share
- Project Implementation: one contract and a 1.8% share.
Europe leads electricity procurement activity in October 2019
Comparing contracts activity in electricity procurement segment in different regions of the globe, Europe held the top position with 21 contracts and a share of 36.8% during October 2019, followed by North America with 17 contracts and a 29.8% share and Asia-Pacific with 13 contracts and a 22.8% share.
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Solar is leading technology for electricity procurement contracts in October 2019
Among the technologies, solar accounted for 32 contracts with a 53.3% share, followed by wind with 21 contracts and a 35% share and thermal with three contracts and a 5% share.
Electricity procurement contracts in October 2019: Top companies by capacity
The top issuers of electricity procurement contracts for the month in terms of power capacity involved were:
- Commonwealth of Virginia (United States): 420MW from one contract
- Walmart (United States): 366MW from two contracts
- Clean Power Alliance (United States): 300MW capacity from one contract.
Electricity procurement contracts in October 2019: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- Dominion Energy (United States): 420MW from one contract
- ENGIE North America (United States): 366MW from two contracts
- NextEra Energy Resources (United States): 300MW capacity from one contract.
All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.
More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.
