Thermal technology contracts activity in Q4 2021 saw 56 contracts announced, marking a drop of 47% over the last four-quarter average of 106, according to GlobalData’s power industry contracts database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • Embed this chart

    Embed this chart into your website

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

Gas was the top category in thermal technology in terms of number of contracts for the quarter, accounting for 42 contracts and a 72.4% share, followed by Coal with 11 contracts and a 19% share. Oil stood in third place with five contracts and an 8.6% share.

  • Embed this chart

    Embed this chart into your website

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

    How well do you really know your competitors?

    Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

    Company Profile – free sample

    Thank you!

    Your download email will arrive shortly

    Not ready to buy yet? Download a free sample

    We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

    By GlobalData
    Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Looking at global power contracts activity divided by the type of technology, thermal held the third position in terms of number of contracts during Q4 2021 with a 6.1% share.

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

  1. Supply & Erection: 21 contracts and a 37.5% share
  2. Project Implementation: 20 contracts and a 35.7% share
  3. Power Purchase Agreement: six contracts and a 10.7% share
  4. Repair, Maintenance, Upgrade & Others: five contracts and an 8.9% share
  5. Consulting & Similar Services: four contracts and a 7.1% share.

Asia-Pacific leads thermal contracts activity in Q4 2021

Comparing contracts activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 20 contracts and a share of 35.7% during Q4 2021, followed by Middle East and Africa with 13 contracts and a 23.2% share and Europe with ten contracts and a 17.9% share.

In fourth place was North America with eight contracts and a 14.3% share and in fifth place was South and Central America with five contracts and an 8.9% share.

Thermal technology contracts in Q4 2021: Top companies by capacity

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

  1. Saudi Aramco Power (Saudi Arabia): 1,880MW from two contracts
  2. Gas Natural Acu (GNA) (Brazil): 1,700MW from one contract
  3. Anhui Energy Group (China): 900MW capacity from one contract.

Thermal technology contracts in Q4 2021: Top winners by capacity

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

  1. China Energy Engineering Group Planning and Engineering (China): 2,359MW from five contracts
  2. Abu Dhabi National Energy (United Arab Emirates) and Marubeni (Japan): 1,880MW from two contracts
  3. Siemens Energy (Germany) and Andrade Gutierrez (Brazil): 1,700MW 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.