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July 29, 2021

Power industry tenders in North America for Q2 2021 down 2%

By Amit Sharma

North America power industry tenders activity in Q2 2021 saw 668 tenders announced, marking a drop of 2% over the last four-quarter average of 683, according to GlobalData’s power database.

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North America power industry tenders in Q2 2021: The US leads activity

Looking at tenders by country, the US led the activity in Q2 2021 with 513 tenders and a share of 76.8%, down 1.7% over the previous quarter and down 10% when compared with the last four-quarter average, followed by Canada with 155 tenders and a share of 23.2%.

Looking at the last four-quarter average, the US held the top spot with 569 tenders, followed by Canada with 112 and Puerto Rico with one tender.

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Thermal is top technology area for tenders in Q2 2021

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 223 tenders and a 69.5% share, followed by solar with 67 tenders and a 20.9% share and wind with 13 tenders and a 4% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, T&D Equipment was the most popular segment in North America power tenders activity during Q2 2021, with 300 tenders, followed by Generation Equipment (228) and Power Plant (49).

The proportion of tenders by category tracked by GlobalData in the quarter was as follows:

  1. Supply & Erection: 459 tenders and a 68.7% share
  2. Repair, Maintenance, Upgrade & Others: 119 tenders and a 17.8% share
  3. Project Implementation: 62 tenders and a 9.3% share
  4. Power Purchase Agreement: 19 tenders and a 2.8% share
  5. Consulting & Similar Services: five tenders and a 0.7% share
  6. Electricity Supply: two tenders and a 0.3% share
  7. Others: two tenders and a 0.3% share.

Power tenders in Q2 2021: Top issuers by capacity

The top issuers of tenders for the quarter in terms of power capacity involved in North America were:

  1. Southwestern Electric Power Company (SWEPCO) (United States): 3,300MW from two tenders
  2. Fitchburg Gas and Electric Light (United States), Massachusetts Department of Energy Resources (United States), Massachusetts Electric (United States), Nantucket Electric (United States) and NSTAR Electric (United States): 1,600MW from one tender
  3. Dominion Energy (United States): 1,277MW capacity from three tenders.

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.

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