Europe power plant contracts activity down 22% in Q4 2019

23 February 2020 (Last Updated February 20th, 2020 07:46)

Europe power plant contracts activity down 22% in Q4 2019

There were 132 power plant contracts announced in the Europe region in Q4 2019, marking a drop of 22% over the last 12-month average of 170, 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 Q4 2019 with 132 contracts and a 34.3% share, followed by Generation Equipment with 97 contracts and a 25.2% share and T&D Equipment with 53 contracts and a 13.8% share during the quarter.

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

  1. Project Implementation: 112 contracts and an 84.8% share
  2. Consulting & Similar Services: 11 contracts and an 8.3% share
  3. Repair, Maintenance, Upgrade & Others: eight contracts and a 6.1% share
  4. Power Purchase Agreement: one contract and a 0.8% share.

Solar is top technology for Europe power plant contracts in Q4 2019

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 71 contracts with a 53% share, followed by wind with 48 contracts and a 35.8% share and nuclear with seven contracts and a 5.2% share.

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Europe power plant contracts in Q4 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. 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.

Europe power plant 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.