Global power industry contracts in Q1 2020: Nuclear technology up 63%

18 April 2020 (Last Updated April 15th, 2020 15:05)

Global power industry contracts in Q1 2020: Nuclear technology up 63%

Nuclear technology contracts activity in Q1 2020 saw 26 contracts announced, marking a rise of 63% over the last four-quarter average of 16, according to GlobalData’s power industry contracts database.

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Looking at global power contracts activity divided by the type of technology, nuclear held the sixth position in terms of number of contracts during Q1 2020 with a 3.4% share.

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

  1. Consulting & Similar Services: eight contracts and a 30.8% share
  2. Repair, Maintenance, Upgrade & Others: eight contracts and a 30.8% share
  3. Supply & Erection: seven contracts and a 26.9% share
  4. Project Implementation: three contracts and an 11.5% share.

Europe leads nuclear contracts activity in Q1 2020

Comparing contracts activity in nuclear technology in different regions of the globe, Europe held the top position with 14 contracts and a share of 53.8% during Q1 2020, followed by North America with six contracts and a 23.1% share and Asia-Pacific with four contracts and a 15.4% share.

In fourth place was South and Central America with one contract and a 3.8% share and in fifth place was Middle East and Africa with one contract and a 3.8% 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.