Power industry contracts in Europe for September 2019 down 45%

29 October 2019 (Last Updated October 29th, 2019 13:54)

Power industry contracts in Europe for September 2019 down 45%

Europe power industry contracts activity in September 2019 saw 59 contracts announced, marking a drop of 45% over the last 12-month average of 108, according to GlobalData’s power database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Europe power industry contracts in September 2019: Germany leads activity

Looking at contracts by country, Germany led the activity in September 2019 with ten contracts and a share of 16.9%, up 12.9% over the previous month and up 67% when compared with the last 12 month-average, followed by the UK with eight contracts and a share of 13.6% and Spain with six contracts and a share of 10.2% during the month.

Looking at the last 12-month average, France held the top spot with 33 contracts, followed by the UK with 11 and Greece with eight contracts.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Wind is top technology area for contracts in September 2019

Looking at contracts divided by the type of technology, wind accounted for the largest proportion with 33 contracts and a 61.1% share, followed by solar with ten contracts and an 18.5% share and thermal with seven contracts and a 13% share.

Looking at power industry contracts divided by segment in Europe as tracked by GlobalData, Generation Equipment was the most popular segment in September 2019, with 31 contracts, followed by Electricity Procurement (11) and Power Plant (10).

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

  1. Supply & Erection: 33 contracts and a 55.9% share
  2. Power Purchase Agreement: 11 contracts and an 18.6% share
  3. Project Implementation: eight contracts and a 13.6% share
  4. Consulting & Similar Services: four contracts and a 6.8% share
  5. Repair, Maintenance, Upgrade & Others: three contracts and a 5.1% share.

Power contracts in September 2019: Top companies by capacity

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

  1. La Compagnie Electrique de Bretagne: 446MW from one contract
  2. Google (United States): 212MW from two contracts
  3. Evonik Industries (Germany): 180MW capacity from one contract.

Power contracts in September 2019: Top winners by capacity

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

  1. Siemens (Germany): 626MW from two contracts
  2. Prokon Wind Energy Finland (Finland): 130MW from one contract
  3. European Energy (Denmark): 82MW 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.