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

There were 22 generation equipment contracts announced in the Europe region in April 2022, marking a drop of 27% over the last 12-month average of 30, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the Europe region in April 2022 with 22 contracts and a 25.6% share, followed by Power Plant with 22 contracts and a 25.6% share and T&D Equipment with 14 contracts and a 16.3% share during the month.

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

  1. Supply & Erection: 15 contracts and a 68.2% share
  2. Repair, Maintenance, Upgrade & Others: five contracts and a 22.7% share
  3. Consulting & Similar Services: one contract and a 4.5% share
  4. Project Implementation: one contract and a 4.5% share.

Wind is top technology for Europe generation equipment contracts in April 2022

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Looking at generation equipment contracts by the type of technology in the Europe region, wind accounted for nine contracts with a 40.9% share, followed by solar with five contracts and a 22.7% share and nuclear with four contracts and an 18.2% share.

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Europe generation equipment contracts in April 2022: Top companies by capacity

The top issuer of generation equipment contracts for the month in terms of power capacity involved in Europe was:Con Edison Clean Energy Businesses (United States) with 194MW from one contract.

Europe generation equipment contracts in April 2022: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved in Europe was:MYR Group (United States) with 194MW 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.