There were 85 T&D equipment contracts announced in the Europe region in Q4 2020, marking a rise of 4% over the last four-quarter average of 82, 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 Q4 2020 with 125 contracts and a 29.1% share, followed by T&D Equipment with 85 contracts and a 19.8% share and Power Plant with 77 contracts and a 17.9% share during the quarter.
The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 76 contracts and an 89.4% share
- Project Implementation: five contracts and a 5.9% share
- Repair, Maintenance, Upgrade & Others: four contracts and a 4.7% share.
Wind is top technology for Europe T&D equipment contracts in Q4 2020
Looking at T&D equipment contracts by the type of technology in the Europe region, wind accounted for nine contracts with a 69.2% share, followed by nuclear with two contracts and a 15.4% share and thermal with one contract and a 7.7% 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.