There were 21 electricity procurement contracts announced in the Europe region in November 2021, marking a drop of 58% over the last 12-month average of 50, 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 Europe region in November 2021 with 33 contracts and a 33.7% share, followed by Electricity Procurement with 21 contracts and a 21.4% share and Power Plant with 19 contracts and a 19.4% 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.

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

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Looking at electricity procurement contracts by the type of technology in the Europe region, wind accounted for 20 contracts with a 76.9% share, followed by solar with five contracts and a 19.2% share and hydro with one contract and a 3.8% share.

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

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

  1. EDF (United States): 1,400MW from one contract
  2. Danske Commodities (Denmark): 480MW from one contract
  3. Centrica Energy (United Kingdom), Shell Energy Europe (United Kingdom) and SSE Energy Supply (United Kingdom): 240MW capacity from one contract.

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

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

  1. RWE (Germany): 1,400MW from one contract
  2. Doggerbank Offshore Wind Farm Project three Projco (United Kingdom): 1,200MW from four contracts
  3. Orsted (Denmark): 236MW 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.