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

Generation equipment contracts in January 2022 saw 38 contracts announced, marking a drop of 58% over the last 12-month average of 91, according to GlobalData’s power industry contracts database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Supply & Erection: 33 contracts and an 86.8% share
  2. Repair, Maintenance, Upgrade & Others: three contracts and a 7.9% share
  3. Project Implementation: two contracts and a 5.3% share.

Europe leads generation equipment activity in January 2022

Comparing contracts activity in generation equipment segment in different regions of the globe, Europe held the top position with 14 contracts and a share of 36.8% during January 2022, followed by Asia-Pacific with ten contracts and a 26.3% share and South and Central America with seven contracts and an 18.4% share.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Solar is leading technology for generation equipment contracts in January 2022

Among the technologies, solar accounted for 15 contracts with a 40.5% share, followed by wind with 12 contracts and a 32.4% share and thermal with seven contracts and an 18.9% share.

Generation equipment contracts in January 2022: Top companies by capacity

The top issuer of generation equipment contracts for the month in terms of power capacity involved was:A2A Gencogas with 110MW from one contract.

Generation equipment contracts in January 2022: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved was:Wartsila (Finland) with 110MW 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.