Power industry contracts in Europe for Q4 2019 up 2%

12 February 2020 (Last Updated February 12th, 2020 06:18)

Power industry contracts in Europe for Q4 2019 up 2%

Europe power industry contracts activity in Q4 2019 saw 349 contracts announced, marking a rise of 2% over the last four-quarter average of 343, according to GlobalData’s power database.

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Europe power industry contracts in Q4 2019: France leads activity

Looking at contracts by country, France led the activity in Q4 2019 with 59 contracts and a share of 16.9%, down 28.4% over the previous quarter and down 46% when compared with the last four-quarter average, followed by the UK with 41 contracts and a share of 11.7% and Greece with 35 contracts and a share of 10% during the quarter.

Looking at the last four-quarter average, France held the top spot with 109 contracts, followed by the UK with 39 and Greece with 25 contracts.

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Wind is top technology area for contracts in Q4 2019

Looking at contracts divided by the type of technology, wind accounted for the largest proportion with 126 contracts and a 43.8% share, followed by solar with 111 contracts and a 38.5% share and thermal with 21 contracts and a 7.3% share.

Looking at power industry contracts divided by segment as tracked by GlobalData, Power Plant was the most popular segment in Europe power contracts activity during Q4 2019, with 132 contracts, followed by Generation Equipment (97) and T&D Equipment (53).

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

  1. Supply & Erection: 141 contracts and a 40.4% share
  2. Project Implementation: 130 contracts and a 37.2% share
  3. Power Purchase Agreement: 38 contracts and a 10.9% share
  4. Repair, Maintenance, Upgrade & Others: 23 contracts and a 6.6% share
  5. Consulting & Similar Services: 15 contracts and a 4.3% share
  6. Electricity Supply: two contracts and a 0.6% share.

Power contracts in Q4 2019: Top companies by capacity

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

  1. Edison (Italy): 760MW from one contract
  2. NBT (Norway): 750MW from two contracts
  3. Ministere de l’Environnement, de l’Energie et de la Mer (France): 575.83MW capacity from 20 contracts.

Power contracts in Q4 2019: Top winners by capacity

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

  1. Ansaldo Energia (Italy): 760MW from one contract
  2. China Electric Power Equipment and Technology (China): 750MW from two contracts
  3. STEAG Solar Energy Solutions (Germany): 440MW 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.