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

There were 27 power plant contracts announced in the Europe region in October 2021, marking a drop of 64% over the last 12-month average of 74, 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 Europe region in October 2021 with 27 contracts and a 30.3% share, followed by Electricity Procurement with 24 contracts and a 27% share and Generation Equipment with 22 contracts and a 24.7% share during the month.

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

  1. Project Implementation: 22 contracts and an 81.5% share
  2. Consulting & Similar Services: three contracts and an 11.1% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 7.4% share.

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

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Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 18 contracts with a 66.7% share, followed by wind with seven contracts and a 25.9% share and hydro with one contract and a 3.7% share.

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Europe power plant contracts in October 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. Glennmont Partners (United Kingdom): 900MW from one contract
  2. Ministry for the Ecological Transition and Demographic Challenge (Spain): 581.57MW from 15 contracts
  3. Sowi Kosovo (Kosovo): 102.6MW capacity from one contract.

Europe power plant contracts in October 2021: Top winners by capacity

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

  1. Orsted (Denmark): 900MW from one contract
  2. Naturgy Renovables (Spain): 221.4MW from three contracts
  3. Ignis Desarrollo (Spain): 144.11MW capacity from four 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.