Thermal technology contracts activity in June 2022 saw 24 contracts announced, marking a drop of 4% over the last 12-month average of 25, according to GlobalData’s power industry contracts database.

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Gas was the top category in thermal technology in terms of number of contracts for the month, accounting for 20 contracts and an 80% share, followed by Coal with three contracts and a 12% share. Oil stood in third place with two contracts and an 8% share.

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Looking at global power contracts activity divided by the type of technology, thermal held the third position in terms of number of contracts during June 2022 with a 19.2% share.

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

  1. Project Implementation: 11 contracts and a 45.8% share
  2. Supply & Erection: eight contracts and a 33.3% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 12.5% share
  4. Consulting & Similar Services: two contracts and an 8.3% share.

Middle East and Africa leads thermal contracts activity in June 2022

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Comparing contracts activity in thermal technology in different regions of the globe, Middle East and Africa held the top position with eight contracts and a share of 33.3% during June 2022, followed by North America with seven contracts and a 29.2% share and Asia-Pacific with five contracts and a 20.8% share.

In fourth place was Europe with two contracts and an 8.3% share and in fifth place was South and Central America with two contracts and an 8.3% share.

Thermal technology contracts in June 2022: Top companies by capacity

The top issuers of contracts in Thermal technology for the month in terms of power capacity involved were:

  1. Sichuan Investment Group: 1,400MW from one contract
  2. Aba Gas and Port Harcourt Electricity Distribution (Nigeria): 350MW from one contract
  3. Zeus Renewables (United Kingdom): 300MW capacity from one contract.

Thermal technology contracts in June 2022: Top winners by capacity

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

  1. China Energy Engineering (China): 1,750MW from two contracts
  2. China Energy Engineering Group International Engineering (China): 300MW 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.