Oil and gas companies are making moves into the UK energy market.

Energy storage tenders in January 2022 saw 30 tenders announced, marking a rise of 25% over the last 12-month average of 24, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 22 tenders and a 73.3% share
  2. Project Implementation: six tenders and a 20% share
  3. Power Purchase Agreement: two tenders and a 6.7% share.

North America leads energy storage activity in January 2022

Comparing tenders activity in energy storage segment in different regions of the globe, North America held the top position with 25 tenders and a share of 83.3% during January 2022, followed by South and Central America with two tenders and a 6.7% share and Asia-Pacific with two tenders and a 6.7% share.

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Solar is leading technology for energy storage tenders in January 2022

Among the technologies, solar accounted for eight tenders with a 72.7% share, followed by wind with two tenders and an 18.2% share and thermal with one tender and a 9.1% share.

Energy storage tenders in January 2022: Top companies by capacity

The top issuers of energy storage tenders for the month in terms of power capacity involved were:

  1. Indiana Michigan Power (United States): 1,300MW from one tender
  2. Appalachian Power (United States): 1,100MW from one tender
  3. NTPC Renewable Energy (India): 500MW 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.