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  1. Market Data
April 11, 2022

Europe T&D equipment tenders activity down 70% in Q1 2022

By Carmen

There were 20 T&D equipment tenders announced in the Europe region in Q1 2022, marking a drop of 70% over the last four-quarter average of 66, according to GlobalData’s power industry tenders database.

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T&D Project stood at first place when compared with other power tender categories in the Europe region in Q1 2022 with 54 tenders and a 40.3% share, followed by T&D Equipment with 20 tenders and a 14.9% share and Electricity Procurement with 18 tenders and a 13.4% share during the quarter.

The proportion of tenders by category tracked by GlobalData in the quarter was:Supply & Erection with 20 tenders and a 100% share.

Hydro is top technology for Europe T&D equipment tenders in Q1 2022

Looking at T&D equipment tenders by the type of technology in the Europe region, hydro accounted for two tenders with a 66.7% share, followed by nuclear 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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