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

Generation equipment contracts in December 2021 saw 88 contracts announced, marking a drop of 5% over the last 12-month average of 93, according to GlobalData’s power industry contracts database.

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

  1. Supply & Erection: 72 contracts and an 81.8% share
  2. Repair, Maintenance, Upgrade & Others: eight contracts and a 9.1% share
  3. Project Implementation: six contracts and a 6.8% share
  4. Consulting & Similar Services: two contracts and a 2.3% share.

Europe leads generation equipment activity in December 2021

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 43 contracts and a share of 48.9% during December 2021, followed by Asia-Pacific with 19 contracts and a 21.6% share and North America with 15 contracts and a 17% share.

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Wind is leading technology for generation equipment contracts in December 2021

Among the technologies, wind accounted for 45 contracts with a 52.3% share, followed by solar with 22 contracts and a 25.6% share and thermal with ten contracts and an 11.6% share.

Generation equipment contracts in December 2021: Top companies by capacity

The top issuers of generation equipment contracts for the month in terms of power capacity involved were:

  1. Mines and Metals Development Investment: 366MW from one contract
  2. Iberdrola (Spain): 50MW from one contract
  3. Brockwell Energy (United Kingdom): 23MW capacity from one contract.

Generation equipment contracts in December 2021: Top winners by capacity

The top winners of contracts for the month in terms of power capacity involved were:

  1. Ansaldo Energia (Italy): 800MW from one contract
  2. MAPNA Group (Iran): 366MW from one contract
  3. Abengoa (Spain): 50MW capacity from one contract.

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.