There were 52 electricity procurement contracts announced in the North America region in Q4 2021, marking a drop of 37% over the last four-quarter average of 83, according to GlobalData’s power industry contracts database.

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Electricity Procurement stood at first place when compared with other power tender categories in the North America region in Q4 2021 with 52 contracts and a 26.5% share, followed by Power Plant with 44 contracts and a 22.4% share and Generation Equipment with 43 contracts and a 21.9% share during the quarter.

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

  1. Power Purchase Agreement: 47 contracts and a 90.4% share
  2. Electricity Supply: five contracts and a 9.6% share.

Solar is top technology for North America electricity procurement contracts in Q4 2021

Looking at electricity procurement contracts by the type of technology in the North America region, solar accounted for 44 contracts with a 74.6% share, followed by wind with seven contracts and an 11.9% share and hydro with four contracts and a 6.8% share.

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North America electricity procurement contracts in Q4 2021: 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 Web Services (United States): 1,300MW from two contracts
  2. Pfizer (United States): 310MW from one contract
  3. Axpo Holding (Switzerland): 270MW capacity from one contract.

North America electricity procurement contracts in Q4 2021: Top winners by capacity

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

  1. Vesper Energy (United States): 350MW from two contracts
  2. TransAlta (Canada): 300MW from one contract
  3. Cypress Creek Renewables (United States): 270MW 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.