Europe T&D equipment contracts activity up 50% in December 2020

8 January 2021 (Last Updated January 8th, 2021 11:33)

Europe T&D equipment contracts activity up 50% in December 2020

There were 42 T&D equipment contracts announced in the Europe region in December 2020, marking a rise of 50% over the last 12-month average of 28, according to GlobalData’s power industry contracts database.

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T&D Equipment stood at first place when compared with other power tender categories in the Europe region in December 2020 with 42 contracts and a 28.4% share, followed by Generation Equipment with 41 contracts and a 27.7% share and Power Plant with 19 contracts and a 12.8% share during the month.

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

  1. Supply & Erection: 38 contracts and a 90.5% share
  2. Project Implementation: three contracts and a 7.1% share
  3. Repair, Maintenance, Upgrade & Others: one contract and a 2.4% share.

Wind is top technology for Europe T&D equipment contracts in December 2020

Looking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for two contracts with a 50% share, followed by nuclear with one contract and a 25% share and thermal with one contract and a 25% share.

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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.