Oil and gas companies are making moves into the UK energy market.

There were 29 power plant contracts announced in the Europe region in December 2021, marking a drop of 61% over the last 12-month average of 75, 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 December 2021 with 43 contracts and a 36.1% share, followed by Power Plant with 29 contracts and a 24.4% share and Electricity Procurement with 29 contracts and a 24.4% share during the month.

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

  1. Project Implementation: 25 contracts and an 86.2% share
  2. Consulting & Similar Services: three contracts and a 10.3% share
  3. Repair, Maintenance, Upgrade & Others: one contract and a 3.4% share.

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

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Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 17 contracts with a 58.6% share, followed by wind with six contracts and a 20.7% share and thermal with three contracts and a 10.3% share.

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

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

  1. Danish Energy Agency (Denmark): 1,000MW from one contract
  2. Iberdrola (Spain): 790.4MW from three contracts
  3. Warme Hamburg (Germany): 180MW capacity from one contract.

Europe power plant contracts in December 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) and RWE Renewables (Germany): 1,000MW from one contract
  2. Ansaldo Energia (Italy): 800MW from one contract
  3. Abengoa (Spain): 740MW 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.