There were 56 electricity procurement contracts announced in the Europe region in Q3 2021, marking a drop of 54% over the last four-quarter average of 121, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Europe region in Q3 2021 with 138 contracts and a 39.1% share, followed by Generation Equipment with 73 contracts and a 20.7% share and Electricity Procurement with 56 contracts and a 15.9% share during the quarter.

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

  1. Power Purchase Agreement: 54 contracts and a 96.4% share
  2. Electricity Supply: two contracts and a 3.6% share.

Wind is top technology for Europe electricity procurement contracts in Q3 2021

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Looking at electricity procurement contracts by the type of technology in the Europe region, wind accounted for 34 contracts with a 50% share, followed by solar with 19 contracts and a 27.9% share and hydro with nine contracts and a 13.2% share.

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Europe electricity procurement contracts in Q3 2021: Top companies by capacity

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

  1. Axpo Holding (Switzerland): 350MW from two contracts
  2. Nordural Grundartangi ehf: 182MW from one contract
  3. Statkraft (Norway): 161.2MW capacity from three contracts.

Europe electricity procurement contracts in Q3 2021: Top winners by capacity

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

  1. CEZ Romania (Romania): 300MW from one contract
  2. Landsvirkjun hf (Iceland): 182MW from one contract
  3. Taaleri Energia (Finland): 140.4MW 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.