Electricity procurement contracts in November 2022 saw 46 contracts announced, marking a drop of 23% over the last 12-month average of 60, 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:Power Purchase Agreement with 46 contracts and a 100% share.

Europe leads electricity procurement activity in November 2022

Comparing contracts activity in electricity procurement segment in different regions of the globe, Europe held the top position with 17 contracts and a share of 37% during November 2022, followed by North America with 12 contracts and a 26.1% share and Asia-Pacific with eight contracts and a 17.4% share.

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Solar is leading technology for electricity procurement contracts in November 2022

Among the technologies, solar accounted for 27 contracts with a 58.7% share, followed by wind with 16 contracts and a 34.8% share and hydro with two contracts and a 4.3% share.

Electricity procurement contracts in November 2022: Top companies by capacity

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

  1. Scala Data Centers: 1,600MW from one contract
  2. Google (United States): 1,191MW from three contracts
  3. Amazon Web Services (United States): 601.6MW capacity from one contract.

Electricity procurement contracts in November 2022: Top winners by capacity

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

  1. Enel Americas (Chile): 1,600MW from one contract
  2. SB Energy Global Holdings (United Kingdom): 942MW from one contract
  3. Brookfield Renewable (United States): 601.6MW 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.