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October 26, 2021

North America electricity procurement contracts activity down 31% in September 2021

There were 20 electricity procurement contracts announced in the North America region in September 2021, marking a drop of 31% over the last 12-month average of 29, according to GlobalData’s power industry contracts database.

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Electricity Procurement stood at first place when compared with other power tender categories in the North America region in September 2021 with 20 contracts and a 29.9% share, followed by Generation Equipment with 18 contracts and a 26.9% share and Power Plant with 13 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: 19 contracts and a 95% share
  2. Project Implementation: one contract and a 5% share.

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Solar is top technology for North America electricity procurement contracts in September 2021

Looking at electricity procurement contracts by the type of technology in the North America region, solar accounted for 11 contracts with a 55% share, followed by wind with eight contracts and a 40% share and geothermal with one contract and a 5% share.

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North America electricity procurement contracts in September 2021: Top companies by capacity

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

  1. Salt River Project (United States): 400MW from one contract
  2. TC Energy (Canada): 297MW from one contract
  3. Southern California Edison (United States): 200MW capacity from one contract.

North America electricity procurement contracts in September 2021: Top winners by capacity

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

  1. Clenera (United States): 520MW from two contracts
  2. CO Bar Solar (United States): 400MW from one contract
  3. EDP Renewables Canada (Canada): 297MW 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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