There were 24 T&D equipment contracts announced in the Europe region in May 2022, marking a rise of 118% over the last 12-month average of 11, according to GlobalData’s power industry contracts database.
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T&D Equipment stood at first place when compared with other power tender categories in the Europe region in May 2022 with 24 contracts and a 29.6% share, followed by Power Plant with 16 contracts and a 19.8% share and Generation Equipment with 12 contracts and a 14.8% share during the month.
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Supply & Erection: 21 contracts and an 87.5% share
- Consulting & Similar Services: two contracts and an 8.3% share
- Repair, Maintenance, Upgrade & Others: one contract and a 4.2% share.
Wind is top technology for Europe T&D equipment contracts in May 2022
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By GlobalDataLooking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for two contracts with a 100% 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.
