Europe power plant contracts activity up 24% in Q3 2019

31 October 2019 (Last Updated October 31st, 2019 05:46)

Europe power plant contracts activity up 24% in Q3 2019

There were 188 power plant contracts announced in the Europe region in Q3 2019, marking a rise of 24% over the last 12-month average of 152, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Europe region in Q3 2019 with 188 contracts and a 58% share, followed by Generation Equipment with 70 contracts and a 21.6% share and Electricity Procurement with 23 contracts and a 7.1% share during the quarter.

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

  1. Project Implementation: 176 contracts and a 93.6% share
  2. Consulting & Similar Services: ten contracts and a 5.3% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 1.1% share.

Solar is top technology for Europe power plant contracts in Q3 2019

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 155 contracts with an 82% share, followed by wind with 21 contracts and an 11.1% share and thermal with nine contracts and a 4.8% share.

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Europe power plant contracts in Q3 2019: Top companies by capacity

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

  1. Ministro do Ambiente e da Transicao Energetica (Portugal): 1,150MW from 25 contracts
  2. Ministere de l’Environnement, de l’Energie et de la Mer (France): 857.97MW from 107 contracts
  3. La Compagnie Electrique de Bretagne: 446MW capacity from one contract.

Europe power plant contracts in Q3 2019: Top winners by capacity

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

  1. Siemens (Germany): 626MW from two contracts
  2. Akuo Energy (France): 370MW from three contracts
  3. Ansaldo Energia (Italy): 300MW 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.