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January 19, 2022updated 24 Jan 2022 9:04am

Electricity procurement tenders up 23% in Q4 2021

By admin-demo

Electricity procurement tenders in Q4 2021 saw 48 tenders announced, marking a rise of 23% over the last four-quarter average of 39, according to GlobalData’s power industry tenders database.

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

  1. Electricity Supply: 31 tenders and a 64.6% share
  2. Power Purchase Agreement: 14 tenders and a 29.2% share
  3. Project Implementation: two tenders and a 4.2% share
  4. Others: one tender and a 2.1% share.

Europe leads electricity procurement activity in Q4 2021

Comparing tenders activity in electricity procurement segment in different regions of the globe, Europe held the top position with 26 tenders and a share of 54.2% during Q4 2021, followed by North America with 12 tenders and a 25% share and Asia-Pacific with eight tenders and a 16.7% share.

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Solar is leading technology for electricity procurement tenders in Q4 2021

Among the technologies, solar accounted for 21 tenders with a 46.7% share, followed by wind with 14 tenders and a 31.1% share and biopower with three tenders and a 6.7% share.

Electricity procurement tenders in Q4 2021: Top companies by capacity

The top issuers of electricity procurement tenders for the quarter in terms of power capacity involved were:

  1. Public Works and Government Services Canada: 255,000MW from one tender
  2. Slovensky Vodohospodarsky Podnik (Slovakia): 27,790MW from one tender
  3. VIK AD Lovech: 6,950MW capacity from one tender.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.

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