Europe T&D equipment segment contracts in Q1 2020: Exclusive analysis
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

Europe T&D equipment contracts activity up 13% in Q1 2020

07 May 2020

Europe T&D equipment contracts activity up 13% in Q1 2020
Oil and gas companies are making moves into the UK energy market.

There were 34 T&D equipment contracts announced in the Europe region in Q1 2020, marking a rise of 13% over the last 12-month average of 30, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

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

Power Plant stood at first place when compared with other power tender categories in the Europe region in Q1 2020 with 131 contracts and a 36.6% share, followed by Generation Equipment with 84 contracts and a 23.5% share and Electricity Procurement with 43 contracts and a 12% share during the quarter.

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

  1. Supply & Erection: 25 contracts and a 73.5% share
  2. Project Implementation: six contracts and a 17.6% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and an 8.8% share.

Wind is top technology for Europe T&D equipment contracts in Q1 2020

Looking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for six contracts with a 40% share, followed by solar with five contracts and a 33.3% share and hydro with two contracts and a 13.3% share.

  • Embed this chart

    Embed this chart into your website

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

Europe T&D equipment contracts in Q1 2020: Top companies by capacity

The top issuer of T&D equipment contracts for the quarter in terms of power capacity involved in Europe was:Iren Energia (Italy) with 430MW from one contract.

Europe T&D equipment contracts in Q1 2020: Top winners by capacity

The top winner of contracts for the quarter in terms of power capacity involved in Europe was:Ansaldo Energia (Italy) with 430MW 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.

Free Whitepaper

By clicking the “Submit” button above, you accept and acknowledge that your data will be used by Vega.

We will also collect and use the information you provide for carefully considered and specific purposes, where we believe we have a legitimate interest in doing so, for example to send you communications about similar products and services we offer. We will always give you an option to opt out of any future communications from us. You can find out more about our legitimate interest activity in our privacy policy here. ‘We’ includes Verdict Media Limited and other GlobalData brands as detailed here.