Electricity procurement contracts in September 2022 saw 36 contracts announced, marking a drop of 53% over the last 12-month average of 77, according to GlobalData’s power industry contracts database.

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The proportion of contracts by category tracked by GlobalData in the month was:Power Purchase Agreement with 36 contracts and a 100% share.

Europe leads electricity procurement activity in September 2022

Comparing contracts activity in electricity procurement segment in different regions of the globe, Europe held the top position with 14 contracts and a share of 38.9% during September 2022, followed by North America with nine contracts and a 25% share and Asia-Pacific with eight contracts and a 22.2% share.

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Solar is leading technology for electricity procurement contracts in September 2022

Among the technologies, solar accounted for 24 contracts with a 70.6% share, followed by wind with ten contracts and a 29.4% share.

Electricity procurement contracts in September 2022: Top companies by capacity

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

  1. Eskom Holdings SOC (South Africa): 420MW from one contract
  2. McDonald Partners (United States): 255MW from one contract
  3. CPS Energy (United States): 235MW capacity from one contract.

Electricity procurement contracts in September 2022: Top winners by capacity

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

  1. EDF Renewables (France): 420MW from one contract
  2. EDF Renewable Development (United States): 255MW from one contract
  3. ENGIE North America (United States): 253MW capacity from two 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.