Thermal technology tenders activity in January 2022 saw 65 tenders announced, marking a drop of 55% over the last 12-month average of 145, according to GlobalData’s power industry tenders database.

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Oil was the top category in thermal technology in terms of number of tenders for the month, accounting for 51 tenders and an 81% share, followed by Coal with eight tenders and a 12.7% share. Gas stood in third place with four tenders and a 6.3% share.

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Looking at global power tenders activity divided by the type of technology, thermal held the top position in terms of number of tenders during January 2022 with a 48.1% share.

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

  1. Supply & Erection: 38 tenders and a 58.5% share
  2. Repair, Maintenance, Upgrade & Others: 25 tenders and a 38.5% share
  3. Consulting & Similar Services: one tender and a 1.5% share
  4. Power Purchase Agreement: one tender and a 1.5% share.

North America leads thermal tenders activity in January 2022

Comparing tenders activity in thermal technology in different regions of the globe, North America held the top position with 48 tenders and a share of 73.8% during January 2022, followed by Europe with ten tenders and a 15.4% share and Asia-Pacific with six tenders and a 9.2% share.

In fourth place was South and Central America with one tender and a 1.5% share.

Thermal technology tenders in January 2022: Top companies by capacity

The top issuer of tenders in Thermal technology for the month in terms of power capacity involved was:Indiana Michigan Power (United States) with 1,300MW from one tender.

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.