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October 11, 2019

Power industry tenders in North America for Q3 2019 down 63%

North America power industry tenders activity in Q3 2019 saw 181 tenders announced, marking a drop of 63% over the last four-quarter average of 484, according to GlobalData’s power database.

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North America power industry tenders in Q3 2019: The US leads activity

Looking at tenders by country, the US led the activity in Q3 2019 with 136 tenders and a share of 75.1%, up 1.2% over the previous quarter and down 63% when compared with the last four-quarter average, followed by Canada with 45 tenders and a share of 24.9%.

Looking at the last four-quarter average, the US held the top spot with 368 tenders, followed by Canada with 115 and Puerto Rico with one tender.

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Thermal is top technology area for tenders in Q3 2019

Looking at tenders divided by the type of technology, thermal accounted for the largest proportion with 65 tenders and a 60.2% share, followed by solar with 20 tenders and an 18.5% share and wind with ten tenders and a 9.3% share.

Looking at power industry tenders divided by segment as tracked by GlobalData, Generation Equipment was the most popular segment in North America power tenders activity during Q3 2019, with 68 tenders, followed by T&D Equipment (65) and Energy Storage (23).

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

  1. Supply & Erection: 115 tenders and a 63.5% share
  2. Repair, Maintenance, Upgrade & Others: 38 tenders and a 21% share
  3. Project Implementation: 14 tenders and a 7.7% share
  4. Power Purchase Agreement: eight tenders and a 4.4% share
  5. Electricity Supply: five tenders and a 2.8% share
  6. Consulting & Similar Services: one tender and a 0.6% share.

Power tenders in Q3 2019: Top companies by capacity

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

  1. Connecticut Department of Energy and Environmental Protection (United States): 2,000MW from one tenders
  2. Baltimore Gas and Electric (United States): 1,729MW from one tender
  3. Arizona Public Service (United States): 400MW capacity from two 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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