Power industry contracts in Europe for October 2019 up 7%

19 November 2019 (Last Updated November 19th, 2019 06:22)

Power industry contracts in Europe for October 2019 up 7%

Europe power industry contracts activity in October 2019 saw 110 contracts announced, marking a rise of 7% over the last 12-month average of 103, according to GlobalData’s power database.

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Europe power industry contracts in October 2019: France leads activity

Looking at contracts by country, France led the activity in October 2019 with 54 contracts and a share of 49.1%, up 34.3% over the previous month and up 100% when compared with the last 12 month-average, followed by the UK with 17 contracts and a share of 15.5% and Spain with seven contracts and a share of 6.4% during the month.

Looking at the last 12-month average, France held the top spot with 27 contracts, followed by the UK with 12 and Greece with eight contracts.

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Wind is top technology area for contracts in October 2019

Looking at contracts divided by the type of technology, wind accounted for the largest proportion with 51 contracts and a 48.1% share, followed by solar with 46 contracts and a 43.4% share and thermal with five contracts and a 4.7% share.

Looking at power industry contracts divided by segment in Europe as tracked by GlobalData, Power Plant was the most popular segment in October 2019, with 62 contracts, followed by Electricity Procurement (21) and Generation Equipment (20).

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

  1. Project Implementation: 59 contracts and a 53.6% share
  2. Power Purchase Agreement: 19 contracts and a 17.3% share
  3. Supply & Erection: 19 contracts and a 17.3% share
  4. Repair, Maintenance, Upgrade & Others: eight contracts and a 7.3% share
  5. Consulting & Similar Services: three contracts and a 2.7% share
  6. Electricity Supply: two contracts and a 1.8% share.

Power contracts in October 2019: Top companies by capacity

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

  1. NBT (Norway): 750MW from two contracts
  2. Ministere de l’Environnement, de l’Energie et de la Mer (France): 575.83MW from 20 contracts
  3. PJSC Kazanorgsintez: 250MW capacity from one contract.

Power contracts in October 2019: Top winners by capacity

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

  1. China Electric Power Equipment and Technology (China): 750MW from two contracts
  2. Siemens (Germany): 250MW from one contract
  3. ScottishPower Renewables (UK) (United Kingdom): 80MW 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.