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October 26, 2021

Europe T&D equipment tenders activity down 22% in Q3 2021

There were 64 T&D equipment tenders announced in the Europe region in Q3 2021, marking a drop of 22% over the last four-quarter average of 82, according to GlobalData’s power industry tenders database.

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Power Plant stood at first place when compared with other power tender categories in the Europe region in Q3 2021 with 135 tenders and a 34.8% share, followed by T&D Project with 101 tenders and a 26% share and T&D Equipment with 64 tenders and a 16.5% share during the quarter.

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

  1. Supply & Erection: 63 tenders and a 98.4% share
  2. Consulting & Similar Services: one tender and a 1.6% share.

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Thermal is top technology for Europe T&D equipment tenders in Q3 2021

Looking at T&D equipment tenders by the type of technology in the Europe region, thermal accounted for two tenders with a 66.7% share, followed by hydro with one tender and a 33.3% 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.

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