North America electricity procurement contracts activity down 16% in December 2020

8 January 2021 (Last Updated January 8th, 2021 11:32)

North America electricity procurement contracts activity down 16% in December 2020

There were 21 electricity procurement contracts announced in the North America region in December 2020, marking a drop of 16% over the last 12-month average of 25, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the North America region in December 2020 with 26 contracts and a 37.1% share, followed by Electricity Procurement with 21 contracts and a 30% share and Energy Storage with eight contracts and an 11.4% share during the month.

The proportion of contracts by category tracked by GlobalData in the month was as follows:

  1. Power Purchase Agreement: 20 contracts and a 95.2% share
  2. Electricity Supply: one contract and a 4.8% share.

Solar is top technology for North America electricity procurement contracts in December 2020

Looking at electricity procurement contracts by the type of technology in the North America region, solar accounted for 15 contracts with a 71.4% share, followed by wind with four contracts and a 19% share and biopower with one contract and a 4.8% share.

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North America electricity procurement contracts in December 2020: Top issuers by capacity

The top issuers of electricity procurement contracts for the month in terms of power capacity involved in North America were:

  1. Amazon Web Services (United States): 1,210MW from two contracts
  2. McDonald’s: 326MW from two contracts
  3. Northern Indiana Public Service Co L (United States): 280MW capacity from one contract.

North America electricity procurement contracts in December 2020: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved in North America were:

  1. Acciona Energia (Spain): 641MW from one contract
  2. Engie (France): 569MW from one contract
  3. Apex Clean Energy Holdings L (United States): 326MW capacity from two contracts.

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.