North America electricity procurement contracts activity remain flat in November 2020

18 December 2020 (Last Updated December 18th, 2020 03:06)

North America electricity procurement contracts activity remain flat in November 2020

There were 24 electricity procurement contracts announced in the North America region in November 2020, marking a flat growth over the last 12-month average of 24, according to GlobalData’s power industry contracts database.

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Electricity Procurement stood at first place when compared with other power tender categories in the North America region in November 2020 with 24 contracts and a 45.3% share, followed by Generation Equipment with 11 contracts and a 20.8% share and Power Plant with 11 contracts and a 20.8% share during the month.

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

  1. Power Purchase Agreement: 19 contracts and a 79.2% share
  2. Electricity Supply: five contracts and a 20.8% share.

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

Looking at electricity procurement contracts by the type of technology in the North America region, solar accounted for 21 contracts with an 87.5% share, followed by wind with three contracts and a 12.5% share.

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North America electricity procurement contracts in November 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. Nucor (United States): 250MW from one contract
  2. San Jose Clean Energy (United States): 225MW from one contract
  3. Arizona Public Service (United States): 200MW capacity from one contract.

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

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

  1. Invenergy L (United States): 325MW from four contracts
  2. EDF Renewables North America (United States): 250MW from one contract
  3. Pattern Energy Group (United States): 225MW 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.