Thermal technology contracts activity in July 2019 saw 26 contracts announced, marking a drop of 7% over the last 12-month average of 28, according to GlobalData’s power industry contracts database.

Gas was the top category in thermal technology in terms of number of contracts for the month, accounting for 16 contracts and a 55.2% share, followed by Coal with nine contracts and a 31% share. Oil stood in third place with four contracts and a 13.8% share.

Looking at global power contracts activity divided by the type of technology, thermal held the third position in terms of number of contracts during July 2019 with a 14.2% share.

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

1. Supply & Erection: 13 contracts and a 50% share
2. Project Implementation: six contracts and a 23.1% share
3. Repair, Maintenance, Upgrade & Others: five contracts and a 19.2% share
4. Electricity Supply: one contract and a 3.8% share
5. Power Purchase Agreement: one contract and a 3.8% share.

Asia-Pacific leads thermal contracts activity in July 2019

Comparing contracts activity in thermal technology in different regions of the globe, Asia-Pacific held the top position with 13 contracts and a share of 50% during July 2019, followed by Middle East and Africa with six contracts and a 23.1% share and North America with four contracts and a 15.4% share.

In fourth place was Europe with two contracts and a 7.7% share and in fifth place was South and Central America with one contract and a 3.8% share.

Thermal technology contracts in July 2019: Top companies by capacity

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

1. JERA (Japan) and JXTG Nippon Oil & Energy (Japan): 2,340MW from one contract
2. Ncondezi Energy (United Kingdom): 300MW from one contract
3. Volkswagen Kraftwerk (Germany): 288MW capacity from one contract.

Thermal technology contracts in July 2019: Top winners by capacity

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

1. Toshiba Energy Systems & Solutions (Japan) and Toshiba Plant Systems & Services (Japan): 2,340MW from one contract
2. China Machinery Engineering (China): 300MW from one contract
3. Mitsubishi Hitachi Power Systems Europe (Germany): 288MW 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.

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