There were 35 electricity procurement contracts announced in the North America region in Q2 2022, marking a drop of 58% over the last four-quarter average of 83, 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 North America region in Q2 2022 with 40 contracts and a 28.6% share, followed by Electricity Procurement with 35 contracts and a 25% share and Generation Equipment with 27 contracts and a 19.3% share during the quarter.

The proportion of contracts by category tracked by GlobalData in the quarter was:Power Purchase Agreement with 35 contracts and a 100% share.

Solar is top technology for North America electricity procurement contracts in Q2 2022

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Looking at electricity procurement contracts by the type of technology in the North America region, solar accounted for 22 contracts with a 59.5% share, followed by wind with eight contracts and a 21.6% share and thermal with three contracts and an 8.1% share.

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North America electricity procurement contracts in Q2 2022: Top companies by capacity

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

  1. Amazon.com (United States): 450MW from one contract
  2. AEP Energy Partners (United States): 400MW from one contract
  3. Meta Platforms (United States): 356MW capacity from two contracts.

North America electricity procurement contracts in Q2 2022: Top winners by capacity

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

  1. EDP Renovaveis (Spain): 641MW from four contracts
  2. The AES (United States): 450MW from one contract
  3. Global Energy Generation (United States): 400MW 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.