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

There were 34 T&D equipment tenders announced in the Europe region in February 2021, marking a rise of 48% over the last 12-month average of 23, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the Europe region in February 2021 with 34 tenders and a 28.6% share, followed by T&D Project with 28 tenders and a 23.5% share and Power Plant with 25 tenders and a 21% share during the month.

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

  1. Supply & Erection: 33 tenders and a 97.1% share
  2. Repair, Maintenance, Upgrade & Others: one tender and a 2.9% share.

Hydro is top technology for Europe T&D equipment tenders in February 2021

Looking at T&D equipment tenders by the type of technology in the Europe region, hydro accounted for one tender with a 50% share, followed by wind with one tender and a 50% share.

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All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.