There were 42 T&D equipment contracts announced in the Europe region in Q2 2022, marking a rise of 17% over the last four-quarter average of 36, according to GlobalData’s power industry contracts database.
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Power Plant stood at first place when compared with other power tender categories in the Europe region in Q2 2022 with 62 contracts and a 27.2% share, followed by Generation Equipment with 50 contracts and a 21.9% share and T&D Equipment with 42 contracts and an 18.4% share during the quarter.
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 34 contracts and an 81% share
- Consulting & Similar Services: three contracts and a 7.1% share
- Project Implementation: three contracts and a 7.1% share
- Repair, Maintenance, Upgrade & Others: two contracts and a 4.8% share.
Wind is top technology for Europe T&D equipment contracts in Q2 2022
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By GlobalDataLooking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for eight contracts with an 88.9% share, followed by hydro with one contract and an 11.1% 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.
