Europe power industry contracts activity in January 2022 saw 55 contracts announced, marking a drop of 65% over the last 12-month average of 158, according to GlobalData’s power database.
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Europe power industry contracts in January 2022: Germany leads activity
Looking at contracts by country, Germany led the activity in January 2022 with ten contracts and a share of 18.2%, up 6.8% over the previous month and down 17% when compared with the last 12 month-average, followed by Spain with eight contracts and a share of 14.5% and the UK with seven contracts and a share of 12.7% during the month.
Looking at the last 12-month average, Spain held the top spot with 27 contracts, followed by the UK with 21 and France with 21 contracts.
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Wind is top technology area for contracts in January 2022
Looking at contracts divided by the type of technology, wind accounted for the largest proportion with 25 contracts and a 50% share, followed by solar with 18 contracts and a 36% share and thermal with four contracts and an 8% share.
Looking at power industry contracts divided by segment in Europe as tracked by GlobalData, Electricity Procurement was the most popular segment in January 2022, with 19 contracts, followed by Generation Equipment (14) and Power Plant (14).
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Power Purchase Agreement: 18 contracts and a 32.7% share
- Supply & Erection: 18 contracts and a 32.7% share
- Project Implementation: 11 contracts and a 20% share
- Consulting & Similar Services: four contracts and a 7.3% share
- Repair, Maintenance, Upgrade & Others: three contracts and a 5.5% share
- Electricity Supply: one contract and a 1.8% share.
Power contracts in January 2022: Top companies by capacity
The top issuers of contracts for the month in terms of power capacity involved in Europe were:
- Alcoa (United States): 573MW from one contract
- Urzad Regulacji Energetyki (Poland): 329.6MW from one contract
- Axpo Holding (Switzerland): 300MW capacity from one contract.
Power contracts in January 2022: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved in Europe were:
- Capital Energy (United States): 573MW from one contract
- VSB Energie Odnawialne Polska Sp z o.o (Poland): 329.6MW from one contract
- R Power (Poland): 300MW 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.
