Europe power industry contracts activity in December 2020 saw 128 contracts announced, marking a drop of 22% over the last 12-month average of 165, according to GlobalData’s power database.
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Europe power industry contracts in December 2020: The UK leads activity
Looking at contracts by country, the UK led the activity in December 2020 with 19 contracts and a share of 14.8%, down 1.6% over the previous month and up 12% when compared with the last 12 month-average, followed by Romania with 14 contracts and a share of 10.9% and Poland with ten contracts and a share of 7.8% during the month.
Looking at the last 12-month average, France held the top spot with 29 contracts, followed by the UK with 17 and Germany with 12 contracts.
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Wind is top technology area for contracts in December 2020
Looking at contracts divided by the type of technology, wind accounted for the largest proportion with 46 contracts and a 58.2% share, followed by solar with 15 contracts and a 19% share and thermal with seven contracts and an 8.9% share.
Looking at power industry contracts divided by segment in Europe as tracked by GlobalData, T&D Equipment was the most popular segment in December 2020, with 42 contracts, followed by Generation Equipment (41) and Power Plant (19).
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 79 contracts and a 61.7% share
- Project Implementation: 21 contracts and a 16.4% share
- Power Purchase Agreement: 18 contracts and a 14.1% share
- Repair, Maintenance, Upgrade & Others: six contracts and a 4.7% share
- Consulting & Similar Services: three contracts and a 2.3% share
- Electricity Supply: one contract and a 0.8% share.
Power contracts in December 2020: Top issuers by capacity
The top issuers of contracts for the month in terms of power capacity involved in Europe were:
- Amazon Web Services (United States): 735MW from five contracts
- Orsted (Denmark): 325MW from one contract
- Centrica (United Kingdom): 312MW capacity from one contract.
Power contracts in December 2020: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved in Europe were:
- BP (United Kingdom): 404MW from two contracts
- Green Choice (Netherlands): 325MW from one contract
- Taaleri Energia (Finland): 312MW 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.
