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  1. Market Data
July 27, 2021

Europe T&D equipment contracts activity down 59% in Q2 2021

By Amit Sharma

There were 36 T&D equipment contracts announced in the Europe region in Q2 2021, marking a drop of 59% over the last four-quarter average of 87, 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 2021 with 182 contracts and a 40.8% share, followed by Generation Equipment with 94 contracts and a 21.1% share and Electricity Procurement with 81 contracts and an 18.2% share during the quarter.

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

  1. Supply & Erection: 28 contracts and a 77.8% share
  2. Project Implementation: five contracts and a 13.9% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 5.6% share
  4. Consulting & Similar Services: one contract and a 2.8% share.

Wind is top technology for Europe T&D equipment contracts in Q2 2021

Looking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for 14 contracts with a 63.6% share, followed by hydro with five contracts and a 22.7% share and nuclear with one contract and a 4.5% 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.

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