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January 20, 2022updated 24 Jan 2022 10:25am

Europe power plant contracts activity down 28% in Q4 2021

By admin-demo

There were 161 power plant contracts announced in the Europe region in Q4 2021, marking a drop of 28% over the last four-quarter average of 225, according to GlobalData’s power industry contracts database.

Power Plant stood at first place when compared with other power tender categories in the Europe region in Q4 2021 with 161 contracts and a 33.5% share, followed by Electricity Procurement with 151 contracts and a 31.5% share and Generation Equipment with 102 contracts and a 21.3% share during the quarter.

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

  1. Project Implementation: 142 contracts and an 88.2% share
  2. Consulting & Similar Services: 14 contracts and an 8.7% share
  3. Repair, Maintenance, Upgrade & Others: five contracts and a 3.1% share.

Solar is top technology for Europe power plant contracts in Q4 2021

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 76 contracts with a 46.9% share, followed by wind with 69 contracts and a 42.6% share and nuclear with seven contracts and a 4.3% share.

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Europe power plant contracts in Q4 2021: Top companies by capacity

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

  1. Copenhagen Infrastructure Partners KS (Denmark): 10,000MW from one contract
  2. Ministry for the Ecological Transition and Demographic Challenge (Spain): 3,123.88MW from 91 contracts
  3. Danish Energy Agency (Denmark): 1,000MW capacity from one contract.

Europe power plant contracts in Q4 2021: Top winners by capacity

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

  1. Acciona (Spain), Boskalis (Netherlands), DEME Group (Belgium) and MT Hojgaard Holding (Denmark): 10,000MW from one contract
  2. Green Capital Development (Spain): 1,340MW from 19 contracts
  3. RWE (Germany) and RWE Renewables (Germany): 1,000MW 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.

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